On Tuesday 10 April, the European Commission and the European Investment Bank unveiled the pan-European fund-of-funds, VentureEU, which will aim to double venture capital investments to support the creation of start-ups in Europe and their scale-ups.
“We must keep European unicorns in the European Union; companies such as Spotify go to America because it is easier to find venture-capital backing to grow”, said the Commissioner for the Single Market, Elżbieta Bieńkowska, presenting this...