The EU establishes the Trusted Investors Network with 71 VC firms, investing €90B to boost tech innovation across Europe.

The European Union is forming the Trusted Investors Network, collaborating with 71 venture capital firms to boost investment in technology innovation across Europe. This initiative, involving over €90 billion in assets, aims to support deep-tech companies and enhance the region's economic competitiveness. It responds to concerns about Europe's tech sector lagging behind the U.S. and China and follows recommendations for increased investment in technology.

October 21, 2024
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