EIF’s incoming chief says Europe’s Tech Champions funds hold 15 unicorns
Jean-Christophe Laloux said Europe’s Tech Champions Initiative is set to back smaller funds too, likely from November. AI, biotech, defence and cleantech are the EIF’s focus.
Via TNW | Investors-funding
Europe must give its startups the capital to grow without leaving the continent, Jean-Christophe Laloux said. The incoming chief executive of the European Investment Fund spoke at Wave by Vento in Turin on Friday.
“It’s not enough to innovate in Europe. You also must be able to scale in Europe. And that is really important on the notion of sovereignty,” Laloux said.
Sovereignty does not mean protectionism or isolationism, he said. It means offering European alternatives where things really matter…
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