EU selects EQT to run its nearly €6B Scaleup Europe Fund. The European Union has chosen EQT to manage the 5 billion euro fund, which will invest in deep-tech sectors including artificial intelligence, quantum computing, clean energy and space. Reuters says the fund is expected to make its first investments in autumn 2026. Key takeaway: A large public-backed growth vehicle could help close Europe’s scale-up gap by giving later-stage deep-tech startups a new source of capital. 🔗 https://www.linkedin.com/posts/siftedeu_europeantech-ai-venturecapital-activity-7502712439705104385-SlJg #EuropeanTech #ClimeTech #Funding