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EIC now Europe’s biggest VC investor, says Commission

   

“Significant progress” reported in clearing backlog of European Innovation Council investments

The European Innovation Council was the continent’s top venture capital investor in the first quarter of 2023 and has made “significant progress” in clearing its backlog of promised investments, according to the European Commission.

The EIC is the EU’s flagship funder for supporting the development of breakthrough technologies and the growth of research-based small companies.

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