European Scale-up Action for Risk Capital (ESCALAR) kicks off: First ESCALAR project signed with Swedish equity fund manager eEquity
The first transaction under the joint European Commission and European Investment Fund (EIF) “European Scale-up Action for Risk capital” (ESCALAR) pilot programme, backed by the Investment Plan for Europe, has been signed. The first project concerns eEquity IV fund, which will support scale-ups and high-growth SMEs and small mid-caps in several EU Member States, with a focus on the Nordics.eEquity, a digital growth equity investor in the Nordics, announces the final close of eEquity IV, which will invest growth capital in disruptive European internet businesses. The fund benefits from a SEK