EU VC Investors - €5bn Scaleup Europe Fund Impact - Sifted

In case you missed it earlier this week, my colleague Freya Pratty and I got the scoop that Swedish investment firm EQT and British VC Atomico are [url=https://email.sifted.eu/e3t/Ctc/LZ+113/d2mfCN04/MXj208bBgLhVp4Fgy6zPtswW3Z50n15MqdwMN91mn8K3qgz0W7Y8-PT6lZ3pDW77Zzr64LkPKhW8q6NPY865Y-cW5bvCdr307GXzW60V5391cTn20W17pC0X17Dnn0W17PDtH15_fPlW11f3bg1-XtnkW96pnTy40jl-pW60fZps6zNCGQMxCmB7T8GTgW7VHclz5gWW7FN7FR6G4JrdXwW5xlfMQ69N9hgW2FfhnV6QKbRXW3ZVftW8jssN_W15BfbR4FmDG0W5J5gW6728zt-W2P3Kvd5FwN8lW6J-2CP2Gs_BmW6KBrS-1hwhnrW1W1gXp4ChS-LW4Tg1hV1v_QK4W7g8fR74_2GNsVsCYyJ40XnYNN2MRqvfgHRwxVjNYH9849nBTf3cbM7K04]now going head to head[/url] to win the management of the EU’s new €5bn Scaleup Europe Fund, which will invest in deeptech startups in areas like spacetech and AI. The two are the last left in the running after three other firms — Eurazeo, Northzone and Vitruvian Partners — were notified that they would not advance from their spot on the shortlist. The fund’s massive size would be a boon to the firm selected to run it, and a source with direct knowledge of the process told us earlier this week that a decision is “imminent”. Who do you reckon will win it? And what impact do you think such a ginormous fund will have on the ecosystem? [url=mailto:[email redacted]]Send me your thoughts and predictions.[/url]