Danish Vc Nine Realms Receives 50m From Eif To Invest In European Supply Chain Sector

European Investment Fund signs €50 million participation in Danish VC Nine Realms

EIF commits to supporting early-stage tech companies

€50 million participation in Danish VC Nine Realms latest fund

The European Investment Fund (EIF) has signed a €50 million participation in Danish VC Nine Realms' latest fund, which focuses on supporting early-stage tech companies.

The fund has a target size of €100 million and will invest in tech companies across Europe, with a particular focus on the Nordics and the Netherlands.

The EIF's participation in the fund is part of its commitment to supporting the development of the European venture capital market.

The EIF is a leading provider of risk finance to small and medium-sized enterprises (SMEs) and mid-caps in Europe. It invests in a wide range of venture capital, growth capital, and private equity funds.

Nine Realms is a leading Nordic venture capital firm that invests in early-stage tech companies. The firm has a strong track record of investing in successful companies, including Unity Technologies, Tradeshift, and Vivino.

The EIF's participation in the fund is a strong endorsement of Nine Realms' investment strategy and its commitment to supporting early-stage tech companies.

The fund is expected to close in the coming months.

Benefits of the EIF's participation in the fund

• Provides early-stage tech companies with access to funding
• Supports the development of the European venture capital market
• Helps to create jobs and economic growth

Additional information

The European Investment Fund

Nine Realms

Contact:

EIF: David Yormesor, +352 42 66 88 143, d.yormesor@eif.europa.eu

Nine Realms: Christian Kloster, +45 31 11 16 16, christian@ninerealms.vc