Asset Management Umbrella Fund (AMUF) The Asset Management Umbrella Fund (AMUF) is part of the European Investment Fund`s (EIF) activity. Further information can be found in a dedicated virtual data room: Log into Intralinks or contact the EIF Institutional Client Relationship team: r.charrier@ei...
The EIF VC Survey and the EIF Private Equity Mid-Market Survey (the largest combined regular survey exercises among General Partners on a pan-European level) provide an opportunity to retrieve unique market insights. This publication is based on the results of the 2022 waves of these two surveys ...
Hotel Le Royal
12, Blvd Royal
2449 Luxembourg
1
1
:
3
0
-
1
2
:
0
0
Guest
w
elco
m
e
&
r
eg
is
tr
a
tio
n
1
2
:
0
0
-
1
2
:
3
0
I
ntr
o
du
ct
io
n
Aless
a
nd
ro
T
a
pp
i
C
I
O
-
E
I
F
1
2
:
3
0
-
1
3
:
0
0
K
ey
no
t
e
Sp
ee
ch
Ste
ph
a
ne
P
esch
C
E
O ...
Milan, 27 Afrench one dated at the 20th april 2017 – The European Investment Fund (EIF) joins existing investors, including the manager, in HI CrescItalia PMI Fund to bring the total amount under management to EUR 64.5 million. HI CrescItalia PMI Fund aims to reaching an even larger size and othe...
European Investment Fund (EIF) has signed a cornerstone commitment in BayTech Venture Capital II GmbH & Co. KG, a German venture capital fund focusing on early and development stage investments. The fund is to be managed by the Munich-based BayTech team and will continue the investment strate...
Research & Market Analysis (RMA) has the pleasure to present “Drivers of Private Equity Investment Activity: are Buyout and Venture Investors Really So Different?” , the 6th paper of EIF’s Working Paper Series. This paper has been written by Roger Kelly (RMA). It investigates structural drive...
A unique, innovative fund to close the financing gap for early-stage European social enterprises while supporting the ramp-up of social innovation
Currently the only European impact fund that provides mezzanine capital and is partially secured by a European Investment Fund (EIF) guarantee
Emi...
The European Investment Fund, Chr. Augustinus Fabrikker, Builders Initiative and Minderoo Foundation have become cornerstone investors in the first large investment fund fully dedicated to the Blue Economy Ocean 14 Capital has completed an €80 million first close for its inaugural €150 million im...
Public investors and the
space economy
EIF-NPI Equity Platform
28 June 2023, Luxembourg
The Luxembourg Space
Ecosystem
Ahmed Aly,
Luxembourg Space Agency (LSA)
● Background
● SpaceResources.lu
● ESRIC
Luxembourg has been active in space
for about 40 years
FACILITATES
Commercialisation of
SAT...
Belgian Junction Growth new growth-equity fund receives backing from the European Investment Fund with support from the InvestEU programme and the Dutch Future Fund.
The fund’s primary focus will be scaling and industrialising companies with investment ticket sizes ranging between €5m and €15 m...
Lending marketplace October announces new €100 million commitment from European Investment Fund and other leading investors to support European SMEs The European Investment Fund (EIF) is renewing its support to European SME, under the “Private Credit Tailored for SMEs” programme, alongside other ...
Initiative aims to increase investment into Europe’s venture capital (VC) and private equity (PE) sectors by enhancing the availability and accessibility of market data.
EIF will launch a free, user-friendly online portal offering historical performance data on European VC and PE funds.
By su...
Version en français ici The Green Private Credit is a pioneering private debt fund of funds dedicated to promoting sustainability and climate-focused financing.
With a target size of EUR 200m, the investment solution is set to unlock several billion euros in green financing across the EU.
Ancho...
Version en français ici The Luxembourg Future Fund (LFF2), a joint initiative between Société Nationale de Crédit et d’Investissement (SNCI), the Luxembourg development bank and the European Investment Fund (EIF) has invested in 33N, a leading cybersecurity and infrastructure software venture cap...
“The VC Factor – Gender lens edition” provides data-driven insights into European VC and its gender diversity trends. Thanks to the joint efforts of the EIF and Invest Europe, the report sheds light on the gender diversity gap in the European VC ecosystem on the side of investors and entrepreneur...
EIF equity funding partners across Europe For information, please find here an overview of investments: All active EIF investments (i.e. not terminated, rejected, abandoned, exited via earn-out or which did not commence investment activity yet) PDF
This list includes all private equity funds un...
Leasing specialist abcfinance to expand financing for businesses across Germany
New business financing using cash securitisation enabling abcbank to obtain funding from investors backed by EIF
Support for SMEs in Germany, with a focus on gender-balanced businesses as well as cultural and crea...
In March 2023, the EIF and the Ministry of Industry and Trade of the Czech Republic launched a new EUR 55 million fund-of-funds initiative focused on equity financing for early-stage Czech start-ups and spin-offs developing digital technologies. The initiative is funded from the Recovery and Res...
European companies and investors are faced with exceptional market conditions, characterised by unprecedented uncertainty and heightened volatility. The regular EIF Equity Survey aims at helping to navigate through that, providing support to venture capital (VC) and private equity (PE) market pla...
Annex II to the Open Call for Expression of Interest to select Financial Intermediaries under
the ESCALAR Programme
1
Investment Guidelines
for the ESCALAR Programme
Important Disclaimer
This document is for information purposes only. This document is an outline of the principal ...
EIF commits €25 million to Finland-based fund with strong focus on financing European films and TV series.
Commitment to IPR.VC Fund III to invest in production of film and TV content.
Backed by MediaInvest programme, initiative highlights EIF commitment to strengthening Europe’s cultural and...
Market sentiment in EU for financing innovative companies improves in third quarter of 2025, according to new EIF survey.
Prospects also brighten for exit options such as selling stakes, attracting new investors or arranging stock-market listings.
Latest EIF equity survey attracts record-high...
The EIB Group supports the Task Force on Climate-related Financial Disclosures (TCFD) as a leading framework to disclose climate-related information to end investors. This is the fourth TCFD report published by the Group, presenting our current activities and future commitments in the climate fie...
The EIF has been supporting private debt funds in Europe through equity commitments alongside other investors, but now we can do more. We can directly support investors too! This product is for institutional investors, such as pension funds and insurance companies, who want to diversify their alt...
EIF commits €15 million to new corporate-financing fund of Latvian investment company Merito Partners
EIF's pledge comes from the Baltic Innovation Fund II, making it the first institutional investor in the ‘Merito Baltic Opportunities I AIF’ fund
Goal is to support growth of small and medium...
Invest-NL increases its commitment; joint mission to make Europe more digitally secure and autonomous
Amsterdam – The European Investment Fund (EIF) has invested €20 million in TIN Capital’s European Cyber Tech Fund V, strengthening the fund’s position as a leading investor in European cybers...
The fund managed by Investire SGR has been chosen as the first investment in order to create 2 800 places in student housing across the nation.
The project is the first to be implemented under the €300 million co-investment agreement signed between the European Investment Fund (EIF) and CDP Rea...
“Microplastic pollution is a ticking time bomb. Microplastics don’t degrade for hundreds of years - they accumulate, and we are producing two million more tonnes every year; 210 species of fish are already polluted; 90% of water is polluted. We will reach a point where this concentration is catas...
The €28 million EIF commitment is backed by the InvestEU programme and marks the second closing of Bullnet Capital IV, a fund that now exceeds €80 million.
The EIF also invested in the three previous Bullnet Capital funds, supporting deep tech and technology transfer projects and promoting Span...
The European Investment Fund signs commitment to Momentum’s new green tech fund.
Financing benefits from the support of the European Commission’s InvestEU initiative.
Momentum to target around 20 early stage companies within climate tech, including in the blue economy.
The European Investme...
The European Investment Fund (EIF), part of the European Investment Bank (EIB) Group, has committed a cornerstone investment of EUR 30 million at the first closing of Sienna Hephaistos Private Investments S.C.A. SICAV-RAIF (the Fund), as part of the InvestEU Defence Equity Facility (DEF).
The F...
The Slovene Equity Growth Investment Programme (SEGIP) was launched in November 2017 with an initial funding of EUR 100 million , funded in equal parts by Slovenia’s SID Banka and the EIF. The funding was invested alongside private investors and has supported Slovene SMEs’ and midcaps’ access to...
The European Angels Fund (EAF) provides equity to Business Angels and other non-institutional investors for the financing of innovative companies in the form of co-investments. Read more at: www.eif.org/eaf
This working paper contributes to the understanding of how Greentech ecosystems develop by considering the impact of EU countries’ local financial market environment on the prevalence of Greentech investment deal activity. The empirical analysis demonstrates that the occurrence of IPOs in a count...
As lead investor, the EIF is backing the first closing of the 123 Transition Energétique 2 fund to the tune of 30 million euros.
The fund combines financing via a marketplace lending platform with institutional investors' contributions.
Managed by 123 Investment Managers, the fund is advised ...
EIF commits €25 million to France-based Together fund with a focus on SMEs and small mid-caps active in the audiovisual sector.
This investment fund has a target size of €100 million and focuses on companies active in the production, distribution and broadcasting of audiovisual content.
Backe...
Prime Sustainable Infrastructure Debt Fund targets the European small- and mid-market segment, financing independent infrastructure developers and asset owners.
The fund’s size has increased to €130m following a renewed investment from the European Investment Fund, which has confirmed a €30m co...
The European Investment Fund (EIF) is intensifying its support for Norwegian technology startups by making its third and largest investment to date in SINTEF’s seed fund. Combined with contributions from Norwegian partners, the SINTEF Venture VI fund will manage a capital of half a billion Norweg...
Hungarian national promotional institution MFB pledges €20 million to EIF-led fund for central and eastern European businesses
MFB becomes third contributor to Three Seas Initiative Innovation Fund seeking to mobilise €1 billion for investments in private equity, venture capital and private cre...
In September 2023, the EIF and the Ministry of Regional Development and EU Funds of the Republic of Croatia signed a new funding agreement, setting up a new €80 million fund-of-funds initiative focused on investments in innovative Croatian SMEs with high growth potential through accelerators and ...
The new private equity impact fund is designed to support Spanish AgriFood SMEs in their growth and transition towards a more sustainable model.
‘IB Sustainable AgriFood Fund I Innvierte’ has already secured commitments exceeding €130 million and stands as the largest private equity fund in Spa...
The EIB-Group supports Europe’s first public solar ABS transaction with €100 million
With the participation of the EIB Group, German green tech unicorn Enpal will refinance residential solar loans offered to customers buying renewable energy solutions
The transaction establishes a new securit...
EIF pledges €40 million to fund being set up by Norway-based HAVN Capital to expand clean energy in Europe
HAVN Capital II to invest exclusively in companies driving transition to low-carbon economy
Focus to be on renewable energy, electrification and energy efficiency
EIF has committed €40...
“Everyone knows that Florence is a beautiful city, the birthplace of the Renaissance. However, it faces a significant issue,” says Guillaume Ribet, Managing Director and Partner of Ginkgo Advisors. “With 13 million tourists visiting a city of just 350,000 residents every year, housing has become ...
“Headline was among the first investors in Mistral AI,” says Jonathan Userovici, General Partner at Headline. “If we were to break it down, I think you could say that we backed the company mainly because of the unique profiles of its three founders.” AMONG THE FEW Founded in May 2023 by three fri...
The European Investment Fund has committed €25 million to Endeka Credito Italia I Fund, the first fund launched by Endeka SGR S.p.A., a digital lender providing direct lending to Italian SMEs.
The EIF financing is backed by European Union’s InvestEU programme.
The European Investment Fund (EI...
New investment from Luxembourg Future Fund 2 brings total funding to €75M, well above original target
Deal underlines VIVES’ knowhow in connecting academic research and innovative projects with public and private investors in Europe
Louvain-la-Neuve, Belgium and Luxembourg, Luxembourg, Septem...
The European Investment Fund supports Europe’s growing private credit market by taking cornerstone investments in new diversified debt funds. We have fresh capital available under the EFSI Private Credit Programme to help selected funds fundraise among institutional investors.
With innovation comes a new perception of healthcare and a transformed reality within hospitals and care homes. Vitalthings, based in Trondheim, in the middle of Norway, is a company that has harnessed innovation to reform its products – and, ultimately, its path as a business. Vitalthings was fo...
“In 2002, I travelled to Afghanistan and was struck by how many photographers went to the same street to take the same photo – flooding the world with identical war-torn images of such a diverse country,” says Andreas Dalsgaard, CEO of Elk Film. “No one took notice of the handmade Arnold Schwarze...
“95% of emissions coming from cows actually come from the front, not the back,” states Damien Balkin – starting our interview with somewhat of a revelation for the uninformed. And Damien would know. He’s the founder of Maripure, a young company based on the very tip of northern Denmark. They have...
The investment in the fund IB Deuda Impacto España will provide access to finance for firms in areas like rural development, inclusive labour markets, the environment, sustainable agriculture and gender equality.
This is the second EIF investment through the Spanish Regional Resilience Fund (Fo...
Creas Impacto II has a €70 million target size.
Investors includes the EIF and ICO, the Carasso Foundation, and private investors, among others.
EIF's becomes lead investor with €20 million pledge under the InvestEU programme.
Creas Impacto II will invest in approximately 12 growth-stage co...
The European Investment Fund and Dutch national promotional institution Invest-NL have invested in the second fund of 4impact capital, which closed at €68 million.
The fund will target early-stage digital companies across north-western Europe, aiming to create societal and environmental impact....
Antonio Vicente, Pedro Reis and Marjut Falkjstedt at WebSummit Portuguese and European tech start-ups to gain financial firepower as EIF puts €90 million into venture funds.
Funds contribute to the creation of a robust innovation and technology ecosystem.
Lisbon, 12 november, 2024: The Euro...
EIF commits €20 million to fund managed by Latvia-based SG Capital.
Managed by a first-time team, the fund is expected to finance mainly SMEs and small mid-caps in the Baltics.
EIF is anchor investor in this fund which, aims to raise €100 million in total commitments.
This operation is su...
The investment will support early-stage tech start-ups led by Greek entrepreneurs.
The fund reached €75 million in an oversubscribed single closing and aims to back about 15 companies.
EIF’s investment underlines its commitment to boosting innovation, competitiveness, and the development of t...
Talde Deuda Alternativa II is a fund with a target volume of €100 million whose management team consists mostly of women. It provides co-financing alongside bank financing, offering tailored solutions for small and medium-sized companies (SMEs) in Spain.
This investment was made through the Alt...
European SME lending platform October secures €35 million commitment from the European Investment Fund (EIF) and Dutch impact investor Invest-NL.
The EIF’s commitment is backed by the InvestEU programme. Invest-NL supports October SME V through the Dutch Alternative Credit Instrument.
This is t...
Three years after launching the very first Social Impact Bonds fund in France and the European Union, and in line with the recommendations of the Cazenave Report , BNP Paribas is launching a second fund, BNP Paribas European Impact Bonds Fund 2. The new fund, with a target size of €70 million, ai...
European SME lending platform October secures €35 million commitment from the European Investment Fund (EIF) and Dutch impact investor Invest-NL.
The EIF’s commitment is backed by the InvestEU programme. Invest-NL supports October SME V through the Dutch Alternative Credit Instrument.
This is t...
EUROPEAN INVESTMENT FUND December 2007
EIF
CORPORATE OPERATIONAL PLAN
2008-2010
1. INTRODUCTION
Reflecting EIF's dual statutory objectives of contributing to the pursuit of Community
objectives and generating an ap...
The first of its kind in Europe, Eiffel Impact Direct Lending is a unitranche private debt fund that systematically incorporates Impact Covenants® dedicated to SMEs ;
The fund will use the proprietary Territorial Impact Score methodology developed by Eiffel Investment Group to measure the local...
At COP28, EIF announces €200 million of new commitments to four equity funds investing a total of €2 billion to drive climate action and innovative technology developments across Europe.
The funds will focus on promoting regenerative agriculture, invest in renewable energy infrastructure, and t...
EIF becomes cornerstone investor in first technology-transfer fund in Croatia and Slovenia with involvement of development banks HBOR and SID Banka
Vesna Deep Tech Venture Fund secures €49 million for commercialisation of research projects and protection of intellectual property at universitie...
SDUF Green Tech is a fund of funds for innovative technologies promoting sustainability and climate action.
Its target size of €250 million will unlock over €1 billion of green investment.
The initiative's anchor investor is Cassa Forense, which is providing €40 million. The EIF has contributed...
EIF backs Ture Credit Fund III with €30 million as cornerstone investor.
Ture Credit Fund III will invest in small and medium-sized enterprises in the Nordic region, focusing on software, healthcare, education and environmental services, incorporating social objectives into the financing.
EIF...
The European Investment Fund (EIF) commits €30 million to Wind II, an Article 9 fund targeting a total of €130 million.
Wind II focuses on early-stage tech companies developing climate adaptation solutions for essential services and infrastructure industries.
Based in France, Wind invests in ...
The investment will help to close the funding gap for Central and Eastern Europe-based deep tech founders developing solutions to facilitate green transformation.
Radix Ventures aims to raise at least €50 million — with a hard cap of €70 million — and expects to reach first close before the end...
On 21st February, EIF signed a mandate with the Centre for the Development of Industrial Technology (CDTI: Centro para el Desarrollo Tecnológico Industrial ), a public business entity of the Spanish Ministry of Industry, Tourism and Commerce. The mandate, known as 'Neotec', is the culmination of ...
On the occasion of COP27, Eiffel Investment Group (Eiffel) and the European Investment Fund (EIF) announce the launch of Eiffel Transition Infrastructure, an innovative fund designed to provide equity bridge financing for renewable energy infrastructure assets in Europe. The fund is managed by Ei...
€60 million to Future Energy Ventures Fund I to support early-stage companies in decarbonisation, sustainable development and energy sector technologies
The EIF investment aligns with the Fund's goal of addressing the demand for innovative solutions that contribute to a greener and more sustain...
This is the EIF’s first investment under the Regional Resilience Fund created by the Spanish Ministry of Economy, Trade and Enterprise to invest a portion of NextGenerationEU loans into environmental and social projects in Spain’s autonomous communities.
Arcano Private Debt II is an Arcano ...
Version en français ici Backed by the InvestEU programme, this investment supports the development of a competitive and decarbonized French industrial sector.
The Fonds Stratégique des Transitions (FST) managed by ISALT aims to invest in 15 to 20 innovative French industrial SMEs and mid-cap co...
Flexam Invest is an asset management company specialised in the financing of tangible industrial assets (like rescue helicopters, maritime crew transfer vessels, or warehouse automations solutions) and dedicated to European mid-cap companies and SMEs.
The EIF is committing €50 million in Kartes...
EAF Denmark is a DKK 200m co-investment initiative funded by EIF and Vækstfonden. Established in June 2016, it represents the component of the European Angels Fund focusing on investments in Denmark. EAF Denmark is advised by EIF in cooperation with Vækstfonden as a sub-advisor and aims at provid...
Today EIF has signed a commitment to invest EUR 20 million in Fonds pour le Capital Investissement Régional (FCIR). This new EUR 70m fund will take equity shares in regional venture capital funds targeting early stage SMEs across France. FCIR is to be managed by the CDC-PME. Other investors in th...
EIF backs dedicated early-stage team in Germany EIF announces a cornerstone investment in Earlybird GmbH & Co. Beteiligungs-KG IV (“EB IV”) Fund. EB IV is a dedicated early stage venture capital (VC) fund based in Munich and focussing on European tech investments in German-speaking countries....
Technology Transfer - the process of transforming the results of research and development into marketable products and services - is a strategic area for the EIF. This transformation can take place through a number of means, in particular through the collaboration between research organisations a...
Version en français ici The Luxembourg Future Fund 2 (LFF2) a €200M initiative between Société Nationale de Crédit et d’Investissement (SNCI) and the European Investment Fund (EIF) takes a stake in Shift4Good, an independent venture capital (VC) fund backing projects decarbonising the transport i...
EIF pledges up to 402.1 million Swedish kronor (€34.6 million) to new venture-capital fund that will finance Nordic climate-tech businesses
Sweden-based Course Corrected VC Fund II to focus on breakthrough technologies for climate mitigation and energy transition
EIF commitment to help new fu...
The EIB Group – comprising the European Investment Bank (EIB) and the European Investment Fund (EIF) – has signed a synthetic securitisation with Santander to support new investments in energy efficiency in Portugal worth €183 million. The operation will focus on the renovation of existing buildi...
The EIB Group – via its subsidiaries the European Investment Bank and the European Investment Fund – is investing in a new Santander securitisation transaction to back the competitiveness and investments of small businesses and mid-caps in Spain.
€200 million will go to financing the constructi...
The European Investment Fund (EIF) has joined forces with Lithuanian national development institution UAB ILTE to provide as much as €191.6 million for non-bank credit providers to invest in companies in the country. The funding for these credit providers – also known as private credit funds – in...
EIF’s new Asset Management Umbrella Fund (AMUF) has been launched to meet increasing institutional demand for access to European Private Equity markets. The new umbrella fund provides cost efficient access to Europe’s best performing private equity and venture capital managers and it allows inves...
Yield Lab Europe is a leading venture capital firm dedicated to transforming agriculture and food systems through strategic investments in early-stage Agri-Food and Ag-Tech companies. By providing capital and access to a global network of experts, corporates, and investors, Yield Lab Europe empow...
Cassa Depositi e Prestiti (CDP) and the European Investment Fund (EIF) will invest €40 million and €30 million respectively in Anima Alternative 2
The Fund has mobilised subscription commitments worth over €120 million and is the first diversified debt instrument in Italy supported by the Europ...
Impact Bridge launches this fund, the largest in Spain, to finance high social impact projects in areas such as inclusion, rural development, climate and environment, and gender equality.
The European Investment Fund commits €30 million as cornerstone. This investment was made possible with the...
EIF invests €100 million in green-energy fund focused on expanding clean power.
EIF pledge is to fund run by Germany-based Prime Capital, bringing total fund size to €313 million for projects in countries such as Sweden, Finland and Norway.
Initiative, backed by InvestEU programme, to promote...
With the EIF’s backing, Move Energy’s fund will invest in hard- and software ventures that accelerate the energy transition.
The fund specifically targets early stage ventures focused on decarbonising power, transport and buildings, given their significant contribution to CO 2 emissions, a prim...
EIF commits up to €30 million to new Swedish fund initiative mobilising green financing for businesses
Swedish Impact Lending 1 to ease loan access for Swedish small and medium-sized enterprises
Operation, backed by the InvestEU programme, highlights EIF’s commitment to sustainable economic g...
EIF provides up to €20 million to bolster growth-stage companies in Czech Republic, Poland, Slovakia and the rest of the CEE.
Pledge to “Orbit Growth Debt II” fund to support fast-growing technology and tech-enabled companies and boost global competitiveness of CEE economies
Prague: The Euro...
Serena Infra II is managed by Serena Industrial Partners and has a target volume of €250 million.
The operation is backed by InvestEU, an EU programme to unlock over €372 billion in investment by 2027.
The European Investment Fund (EIF), the arm of the European Investment Bank Group (EIB Grou...
In 2014, the McKinsey Global Institute estimated that by 2025, 440 million households – affecting 1.6 billion people – could be living in unsafe or inadequate housing, or struggling with housing costs. A stark reality, but also an opportunity to make a difference. “We want to create the cities of...
Download the Press Release in French [PDF] On 30th September 2016 BNP Paribas Investment Partners completed the EUR 500 million final close of the BNP Paribas European SME Debt Fund (‘the Fund’), attracting a range of top-tier European institutional investors. The Fund finances small and medium s...
After just 2 years of operation, the ERP-EIF Dachfonds, a EUR 500m fund of funds that is managed by a dedicated team at European Investment Fund, has made a first substantial cash distribution to investors. The proceeds follow the trade sale of a medical technology company in the portfolio of NGN...
The European Investment Fund (EIF) has signed a commitment to invest EUR 15 million in "InnKap 3 Partners", a new fund belonging to Sweden based InnovationsKapital. The original target size of the fund was EUR 120 million, however the ceiling for the fund was raised to 132 million after substanti...
A joint initiative of OHV Asset Management and the SME lending platform Voordegroei To accelerate economic recovery the Fresh Closed SME Fund has secured a € 30 million commitment from the European Investment Fund (EIF) and the Dutch Government impact investor Invest-NL to unlock new financing fo...
European Investment Fund and the Croatian Ministry of Regional Development and EU Funds announce a new €80 million programme to support Croatian start-ups.
The “CVCi 2” programme follows the successful €35 million CVCi programme launched in 2018, which has so far supported 140 start-ups in the ...
European Investment Fund and the NATO Innovation Fund, a venture capital fund backed by 24 North Atlantic Treaty Organization nations, enter partnership.
Memorandum of Understanding signed in Brussels sets terms of closer collaboration.
Goal is to expand funding for start-ups, SMEs and midcap...
Our website uses anonymised cookies to give you the best browser experience and to collect aggregated statistics. This does not include online advertising cookies.