News and multimedia

Investment news

The EIF has received 25 applications to date under ETCI. Following our standard evaluation and selection process, investments have been approved in 4 funds (France, Germany, Italy and Pan-European) – committing €883 million. Leveraging the ETCI’s investments, these funds are still fundraising to reach target fund size with €4.746 million in total commitments from investors so far. ETCI-backed funds have invested €993 million in 9 portfolio companies (in France, Germany, Italy, the Netherlands, and Spain). The application, selection and investment process continue with more updates coming soon.

Media review

The ETCI initiative has had a significant media coverage with more than 700 articles across Europe and beyond. The launch announcement in February 2023 was in our top 10 media announcements in terms of reach and top 5 in terms of Tier 1 and Tier 2 media articles generated to date in 2023.

• Featured in 727 articles from 488 sources
• Publications from 48 countries with the top 3 by volume: Italy (22%), Spain (18%) and Germany (13%)
• Estimated reach of media around 36.5 million impressions.

Press releases

Launch of new fund of funds to support European Tech Champions – 13 February 2023

A venture capital injection for European technology – op-ed by EIB VP Gelsomina Vigliotti