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2025-10-29 11:33:12
[EU to Establish Fund to Support Key Domestic Technology Companies] The European Commission and eight major European investment institutions held consultations in Brussels on the 28th to discuss establishing a technology investment fund of €3 billion to €5 billion to support the development of key European technology companies. The fund aims to address the funding gap for European technology companies in later-stage financing, helping startups scale up in Europe and avoid relocating to the US or other regions to seek overseas capital. The fund will focus on investing in "strategic and enabling technologies," including advanced materials, clean energy, and artificial intelligence, and is expected to officially launch in April next year.
