EIF launches €15bn fund of funds to back 100 growth-stage VCs. The European Investment Fund says the vehicle will support around 100 growth-stage venture firms across Europe, aiming to widen capital access for startups at the scale-up stage. Sifted reported the fund as part of a broader push to strengthen the region’s funding pipeline. Key takeaway: Bigger institutional backing for VC managers could help close Europe’s late-stage capital gap and improve follow-on financing for breakout startups. 🔗 https://sifted.eu/ #Startup #SaaS #Fintech