Six strategic investors have backed the public and private-backed European Investment Fund’s (EIF) first corporate venturing programme.
The EIF is Europe’s largest investor in independent venture capital funds with €4.6bn committed and has been working on providing wider coverage of the early-stage market by setting up complementary programmes to help angel and corporate investors, as well as its debt-type instruments that fund small and medium-sized enterprises.
The EIF is to formally announce its EIF Innovation Platform 2020 to breed new…
