Tag Archives: TechEU

OQ Technology Secures €25 Million EIB Financing to Expand European Low Earth Orbit Satellite Connectivity Network

(IN BRIEF) OQ Technology has secured €25 million in venture debt financing from the European Investment Bank under the InvestEU programme to expand its low-earth-orbit satellite communications technology. The funding will support research and development as well as the deployment … Read the full press release

Italian Unicorn Scalapay Secures Major EIB Funding to Scale Digital Payments and Expand Services

(IN BRIEF) The European Investment Bank has approved €70 million in Scale-Up Debt financing for Scalapay — its first direct scale-up investment in an Italian unicorn. The funding will support product innovation and enhance Scalapay’s Buy Now, Pay Later services … Read the full press release

New EIB Financing Boosts Ocean Winds’ 390 MW BC-Wind Development and Strengthens Poland’s Renewable Energy Transition

(IN BRIEF) The European Investment Bank has committed €600 million to the 390 MW BC-Wind offshore wind farm developed by Ocean Winds, becoming the project’s largest lender and reinforcing its deep involvement in Poland’s renewable energy expansion. Scheduled to begin … Read the full press release

EIB Approves €300 Million Financing Programme to Advance Prysmian’s European R&D for Energy and Digital Networks

(IN BRIEF) The European Investment Bank has approved a €300 million financing package for Prysmian, with the first €200 million tranche now signed, to support the company’s European R&D activities from 2025 to 2028. The funding will accelerate development of … Read the full press release

New EIB–Angelini Ventures Partnership Strengthens Europe’s Innovation Ecosystem with Major Funding for Emerging Health Technologies

(IN BRIEF) The European Investment Bank and Angelini Ventures have signed a €150 million funding agreement to support early- and growth-stage European startups in biotechnology, medical technology, and digital health. Each partner will invest €75 million over six years in … Read the full press release

EIF Strengthens European Cleantech Growth with €70 Million Investment in Alantra’s Klima2 Energy Transition Fund

(IN BRIEF) The European Investment Fund has committed €70 million to Alantra’s Klima Energy Fund II, a growth-stage investment vehicle focused on scaling cleantech companies essential to Europe’s energy transition. Building on the successful track record of Klima1, the new … Read the full press release

Overture Life Secures EIB Support to Boost Automation and Accessibility in Reproductive Healthcare

(IN BRIEF) The European Investment Bank (EIB) has provided a €20 million loan to Overture Life to develop automated and AI-driven technologies for in vitro fertilization (IVF) and egg freezing. The funding supports the company’s R&D, production expansion, and clinical … Read the full press release

EIB and EIF Approve €9.2 Billion Package to Drive Housing Innovation, Healthcare, and Global Development

(IN BRIEF) The EIB and EIF have approved €9.2 billion in financing to boost Europe’s innovation and sustainability agenda, including a landmark €400 million HousingTech initiative to revolutionise the construction industry and enhance affordable housing. The EIF also invested in … Read the full press release

EIB launches second phase of Climate Bank Roadmap to drive competitiveness, energy security and resilience

(IN BRIEF) The European Investment Bank (EIB) Group has adopted the second phase of its Climate Bank Roadmap, setting priorities through 2030 that focus on boosting competitiveness, ensuring energy security, and cutting costs for households and companies. The plan doubles … Read the full press release

EIB InvestEU venture debt powers Aerospacelab’s growth, reinforcing Europe’s leadership in telecommunications, earth observation and space security

(IN BRIEF) The European Investment Bank (EIB) is providing €37.5 million in venture debt to Belgian satellite manufacturer Aerospacelab as part of the EU’s InvestEU programme, supporting the company’s growth in industrial satellite manufacturing and advancing Europe’s strategic autonomy in … Read the full press release

Thales secures major EIB financing to advance next-generation radar and aeronautics technologies

(IN BRIEF) The European Investment Bank has approved a €450 million loan to Thales to fund its aeronautics and radar research and development programme through 2027. This initiative aims to enhance civil and military flight safety, modernise radar equipment, and … Read the full press release

EIB Provides €385 Million to Indra for State‑of‑the‑Art Defence Technology Hub in Spain

(IN BRIEF) The European Investment Bank has signed a €385 million loan with Spanish technology firm Indra to establish a cutting‑edge R&D centre—Indra Technology Hub—in Torrejón de Ardoz, Madrid. The facility will focus on radar, electronic defence, electro‑optics, command‑and‑control communications, and … Read the full press release

EU Shareholders Greenlight Record €100 Billion EIB Financing Ceiling to Power Defence, Energy, and Tech

(IN BRIEF) EU Finance Ministers, acting as shareholders of the EIB Group, have endorsed a record €100 billion 2025 financing ceiling, boosting defence lending to 3.5 percent of the total and dedicating over €11 billion to grid and storage investments. … Read the full press release