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Europe Tech Fund is in talks to back ElevenLabs. Bloomberg says the €5 billion Scaleup Europe Fund, run by EQT, is considering an investment in the UK AI startup. The fund has already begun backing private European tech companies since launching earlier this year, signaling more late-stage capital for the region’s strongest AI firms. Key takeaway: Even as broader funding stays selective, European AI companies with clear traction are still attracting large institutional capital.
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