28/10/2025 (Agence Europe) – On Tuesday 28 October, the European Commissioner for Startups, Research and Innovation, Ekaterina Zaharieva, brought together investors and the EIB Group to begin sketching out the future Scaleup Europe Fund, announced in May (see EUROPE 13650/2). The various players taking part in the meeting agreed that the future Fund should focus on growth capital and late-stage investments supporting projects in the fields of artificial intelligence, quantum technologies, semiconductors and biotechnologies. Participants in this session included Novo Holdings (Denmark), EIFO (Danish Investment and Export Fund), CriteriaCaixa (Spain), Santander/Mouro Capital (Spain), Fondazione Compagnia San Paolo/Intesa Sanpaolo/Fondazione Cariplo (Italy), the Dutch pension fund ABP, Wallenberg Investments (Sweden) and the Polish business promotion bank BGK. (LM)