InvestEU: EIF invests €40 million into the European climate tech growth fund - Blume Equity
- Release date: 21 September 2023
The European Investment Fund (EIF) is investing €40 million, with support from the InvestEU programme, into the European climate tech growth equity fund Blume Equity. EIF joins an investor base that includes AP4 (the Swedish National Pension Plan), Visa Foundation, Impact Engine (a US impact fund-of-funds programme) and other institutional investors who see the opportunity to invest into the next generation of European climate tech companies.
€80 million for Croatian start-ups through new EIF-managed investment programme
- Release date: 19 September 2023
The European Investment Fund (EIF) and the Ministry of Regional Development and EU Funds of the Republic of Croatia have announced the signature of a new funding agreement, setting up the Croatian Venture Capital Initiative 2 (CVCi 2). The programme is a follow-up of the successful €35 million CVCi fund that was launched in June 2018, which is currently almost fully deployed in about 140 early-stage start-ups in the country
EIF and HBOR launch new equity investment programme in Croatia
- Release date: 18 September 2023
The European Investment Fund (EIF) and the Croatian Bank for Reconstruction and Development (HBOR) have announced a €52 million deal to launch an investment programme in support of fast-growing SMEs, small mid-caps and mid-caps established and operating in Croatia. HBOR’s commitment is financed through the Recovery and Resilience Facility within NextGenerationEU* in accordance with the National Recovery and Resilience Plan 2021-2026 (“NRRP”).
EIF and Serafim Finans sign €10 million guarantee agreement under InvestEU
- Release date: 18 September 2023
The European Investment Fund (EIF) will provide a €10 million guarantee covering a portfolio of subordinated debt financing through the InvestEU SME Competitiveness Product – Higher Risk Category 3 portfolio.
InvestEU: Wormser Freres Gestion to provide up to €22 million of new venture debt financing for French Start-Ups, Small Medium Enterprises and Small Mid-Caps through EIF guarantees
- Release date: 15 September 2023
The European Investment Fund (EIF) has signed portfolio guarantees with Wormser Freres Gestion (Fund Manager) to support new venture debt financing provided by WF Venture Loan II of up to €22 million for French Start-Ups, Small Medium Enterprises and Small Mid-Caps. The transaction is backed by the InvestEU programme, which aims to mobilise over €372 billion in additional investment for EU policy priorities over the period 2021-27.
