The European Union unveiled the Trusted Investors Network at a meeting in Athens, Greece, to attract venture capital to deep-tech sectors like biotechnology and AI.
The European Union is increasing efforts to draw more venture capital (VC) into its tech sector to keep pace with booming innovation in the United States and China.
On Oct. 21, EU Commissioner Iliana Ivanova announced the launch of the “Trusted Investors Network” during a meeting with Greek Prime Minister Kyriakos Mitsotakis. The initiative aims to support startups and boost investments in the tech sector across the EU.
Source: Iliana Ivanova
