The fund has now been formally established as part of the European Innovation Council (EIC) Fund and is expected to begin making its first investments within the coming weeks. The next generation of tech leadersThe Scaleup Europe Fund has been created to provide growth-stage companies with access to the large-scale financing often required to expand internationally. The Scaleup Europe Fund is meant to address this financing gap by giving businesses greater opportunities to remain headquartered in Europe while continuing to grow. With all legal documentation now complete, the fund is fully operational and ready to begin investing directly in high-potential European scaleup companies. The Scaleup Europe Fund was first announced during the European Commission President’s 2025 State of the Union address as part of a wider effort to strengthen Europe’s competitiveness in advanced technologies.