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EQT Launches European Scale-Up Fund to Build Global Competitors

Private equity firm EQT AB is establishing a dedicated fund to support Europe's emerging technology companies, seeking to develop homegrown enterprises capable of competing on the global stage. The initiative addresses a persistent challenge for the continent's venture ecosystem—the difficulty in scaling promising startups into multinational powerhouses. EQT's leadership believes the fund will help narrow Europe's competitive gap with U.S. technology firms. The fund targets early-to-growth stage companies demonstrating strong potential across key sectors.