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Home » EU Unveils Trusted Investors Network Backed by 100 Billion Fund to Empower Deep Tech Startups
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EU Unveils Trusted Investors Network Backed by 100 Billion Fund to Empower Deep Tech Startups

By adminOct. 21, 2024No Comments1 Min Read
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EU Unveils Trusted Investors Network Backed by 100 Billion Fund to Empower Deep Tech Startups
EU Unveils Trusted Investors Network Backed by 100 Billion Fund to Empower Deep Tech Startups
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72 companies have joined the EIC Scaling Club, an initiative aimed at providing assistance to startups as they navigate the path to expansion. The primary objective of the EIC is to nurture and develop 20% of these startups into unicorns, which are companies valued at a remarkable €1 billion or more. Together, the members of the Scaling Club have amassed an impressive total of €73 million (equivalent to approximately $79 billion), and it is anticipated that further funding rounds will take place in the coming months.

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