Europe Channels Tens of Billions in Public Funds into Venture Capital, Faces Execution Challenges

The European Investment Fund is launching a €15 billion fund of funds named ETCI 2, designed to potentially unlock up to €80 billion for scaling companies across Europe. Germany’s WIN initiative aims to mobilize €12 billion by 2030, while France’s Tibi program has committed €7 billion in private investment, backing 92 VC and growth funds so far.