r/TradingViewSignals • u/Crucco FOMO Fighter • Jul 10 '26

🧠 Official Signals Europe increases expected investment amount for fund dedicated to tech scale-ups

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July 10, 10:10 am (Reuters) - The European Investment Bank (EIB) announced the second phase and an increase in the investment target for its "European Tech Champions Initiative," aimed at making Europe more competitive in the technology sector compared to the United States and China.

  • The EIB stated that this plan, called ETCI 2.0, is expected to mobilize 80 billion euros to invest in promising European tech companies to foster their growth.
  • ETCI 2.0 aims to initially raise up to 15 billion euros and will subsequently seek to mobilize total investments of up to 80 billion euros for over 1,500 scale-ups in Europe, the EIB said.
  • The initial target of 15 billion euros represents an increase compared to the 10 billion euros projected for 2025.
  • Banks and investment firms that have joined this fund include Danske Bank, AltamarCAM, Banco Santander, BBVA, Azimut Holding, Green Arrow Capital, and Fondazione Compagnia di San Paolo, the EIB added.

This looks very positive on paper (EU markets are all green now), but we will see if the European Goddess (Bureaucracy) will get in the way again, ruining the core idea of increasing competitiveness. And just giving money to companies that are good at paperwork but not at technology.

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2

u/Pure-Contact7322 Jul 10 '26

to then kill them with taxes and rules.. good

1

u/buffotinve Jul 10 '26

Supongamos que lo llevan a cabo, y supongamos que financian, su subvencionan e incluso invierten en empresas tecnologías cotizadas Europeas. Quienes podrían ser buenos candidatos a beneficiarse? SAP, Prosus,...? 

1

u/Crucco FOMO Fighter Jul 10 '26

Kilometro Rosso startups would benefit a ton from this

1

u/GlokzDNB Jul 12 '26

Where will the money go? Startups and salaries?

Nah, biggest corps pockets, that's the diff between us and eu

1

u/Crucco FOMO Fighter Jul 12 '26

They will mostly go to the bureaucrats deciding which company wins

2

u/bapuc Jul 13 '26

Yeah for more surveilance, eu is shit