21 Oct 2024
EC launches Trusted Investors Network
On 21 October 2024, the European Commission launched a Trusted Investors Network bringing together a group of investors ready to co-invest in innovative deep-tech companies in Europe together with the EU. The Union's investment comes from the European Innovation Council (EIC) Fund under Horizon Europe.
The first group comprises 71 investors from across Europe, including venture capital funds, public investment banks, foundations and corporate venture funds. These investors collectively represent over €90 billion of assets, which positions the network as a key initiative to mobilise capital for Europe's deep tech sector.
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