EIF launches €15bn fund of funds to back 100 growth-stage VCs. The European Investment Fund has unveiled a €15bn fund of funds aimed at backing 100 growth-stage venture capital firms across Europe. It is one of the largest public efforts yet to widen late-stage capital access for the region’s startups. Key takeaway: The move could improve financing depth for European scaleups and make the region less dependent on US growth capital. 🔗 https://sifted.eu/ #Funding #Fintech #AI