Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Technology › EQT-Run Scaleup Europe Fund Invests in Satellite Startup Iceye
Technology

EQT-Run Scaleup Europe Fund Invests in Satellite Startup Iceye

Bloomberg Technology Wednesday 05 August 2026, 05:00 UTC By Anna Boyne and Paula Doenecke 1 min read
Key Points

The First Bet From Europe’s New €5 Billion Fund Is a Finnish Space Startup Europe’s new €5 billion ($5.8 billion) technology fund has disclosed that its first investment is in Finnish satellite company Iceye Oj, part of the bloc’s push to cultivate startups working on strategic technologies. The European Union’s Scaleup Europe Fund, managed by Swedish investment firm EQT AB, co-led Iceye’s June funding round alongside US investor General Atlantic , said Victor Englesson, partner at EQT and...

The First Bet From Europe’s New €5 Billion Fund Is a Finnish Space Startup Europe’s new €5 billion ($5.8 billion) technology fund has disclosed that its first investment is in Finnish satellite company Iceye Oj, part of the bloc’s push to cultivate startups working on strategic technologies. The European Union’s Scaleup Europe Fund, managed by Swedish investment firm EQT AB, co-led Iceye’s June funding round alongside US investor General Atlantic, said Victor Englesson, partner at EQT and the fund’s co-head, said in an interview.
Scaleup Europe Fund Invests (ORG) Satellite Startup Iceye (ORG) Europe (LOCATION) Finnish (ORG) The European Union’s (ORG) Scaleup Europe Fund (ORG) Swedish (ORG) EQT AB (ORG) Iceye (ORG) US (LOCATION) Atlantic (LOCATION) Victor Englesson (PERSON) EQT (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

BYD’s first humanoid robots; Brazil named biggest buyer of Chinese cars: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. BYD to debut first humanoid robots in August as rivalry with Tesla intensifies Electric vehicle (EV) giant BYD plans to unveil its first humanoid robots within the next few weeks, as China’s electric car makers accelerate their push into the embodied artificial intelligence market.

South China Morning Post 21m ago

Ex-council leader's sons' graves 'raided for metal'

Kay Mason Billig says she "cannot comprehend how anyone can inflict that kind of hurt".

BBC England 46m ago

AI before AI: The legacy of Norbert Wiener’s cybernetics (3/3)

AI before AI: The legacy of Norbert Wiener’s cybernetics (3/3) Norbert Wiener, the founder of cybernetics, may deserve a place in the pantheon of the founding fathers of modern AI, alongside Alan Turing and John von Neumann. FRANCE 24 takes a look at this overlooked mathematician who was one of the first to warn against the automation of society. The story of the founding fathers of artificial intelligence almost always features British mathematician Alan Turing and his computing machine.

France 24 1h ago

Infineon Revenue Forecast Beats as AI Power Chip Demand Rises

Infineon Revenue Forecast Beats as AI Power Chip Demand Rises Infineon Technologies AG forecast revenue in the current quarter that beat analysts’ estimates as the German chipmaker profits from rising demand for its data-center chips and price increases. Revenue in the fourth fiscal quarter, which ends in September, is set to come in at around €4.7 billion ($5.4 billion), Infineon said in a statement on Wednesday. That compares to an average analyst estimate of €4.6 billion, according to...

Bloomberg Technology 1h ago