{"id":44534,"date":"2026-08-06T01:25:17","date_gmt":"2026-08-06T01:25:17","guid":{"rendered":"https:\/\/cp.snarskis.lt\/index.php\/2026\/08\/06\/scaleup-europe-fund-makes-first-investment-co-leading-iceyes-e1bn-round\/"},"modified":"2026-08-06T01:25:17","modified_gmt":"2026-08-06T01:25:17","slug":"scaleup-europe-fund-makes-first-investment-co-leading-iceyes-e1bn-round","status":"publish","type":"post","link":"https:\/\/cp.snarskis.lt\/index.php\/2026\/08\/06\/scaleup-europe-fund-makes-first-investment-co-leading-iceyes-e1bn-round\/","title":{"rendered":"Scaleup Europe Fund makes first investment, co-leading Iceye&#8217;s \u20ac1BN\u00a0round"},"content":{"rendered":"<div class=\"single-post-content\">\n<p>Europe\u2019s\u00a0\u20ac5bn\u00a0investment fund aimed at scaling up future European tech giants has disclosed that its first investment is\u00a0in Finnish satellite startup <a href=\"https:\/\/www.iceye.com\" target=\"_blank\">Iceye<\/a>. <\/p>\n<p>The Scaleup Europe Fund, managed by Swedish investment firm EQT, co-led Iceye\u2019s \u20ac1bn funding round, the fund said. It co-led the round with US private equity firm General Atlantic, which was announced in June this year. The Series F funding round valued the company at around \u20ac10bn.<\/p>\n<p>The much-trumpeted fund is the latest move by the EU to help EU challengers grow from startup to tech leaders without moving to the US.<\/p>\n<p>The Scaleup Europe Fund\u00a0is investing in\u00a0tech startups across the bloc in\u00a0strategic sectors, such as AI, quantum, space and biotech.<\/p>\n<p>Iceye, headquartered in Finland, uses what is called synthetic aperture radar technology to capture images through cloud cover. <\/p>\n<p>Victor Englesson, partner at EQT and co-head of the Scaleup Europe Fund, said: &#8220;Our first investment reflects exactly what the Scaleup Europe Fund was created to support: ambitious European founders building globally competitive companies in strategically important technologies.&#8221;<\/p>\n<p>Rafa\u0142 Modrzewski, co-founder &amp; CEO, Iceye, said: \u201cEurope has the talent, technology and ambition to build globally leading companies in strategically important industries. Our own journey reflects that. My co-founder Pekka Laurila and I met as students on an Erasmus exchange, received our first funding through Horizon 2020, and we are grateful for the European Commission&#8217;s role in initiating the Scaleup Europe Fund.\u201d<\/p>\n<p>Ursula von der Leyen, president of the European Commission, added: \u201cWhen Europe invests in its innovators, Europe invests in its future. This is the goal of our Scaleup Europe Fund: it will ensure our scale-ups can find what they need right here in Europe to grow into world-leading companies. To turn European innovation into our competitive edge.\u201d<\/p>\n<p><em>Image: Iceye<\/em><\/p>\n<div data-getsitecontrol-inline=\"284877\" style=\"margin-bottom: 20px\"><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Europe\u2019s \u20ac5bn investment fund aimed at scaling up future European tech giants has disclosed that its first investment is in Finnish satellite startup Iceye&#8230;<\/p>\n","protected":false},"author":0,"featured_media":44535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[83],"miestas":[],"class_list":["post-44534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technologijos","tag-fintech"],"acf":[],"_links":{"self":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts\/44534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/comments?post=44534"}],"version-history":[{"count":0,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts\/44534\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/media\/44535"}],"wp:attachment":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/media?parent=44534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/categories?post=44534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/tags?post=44534"},{"taxonomy":"miestas","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/miestas?post=44534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}