The European Commission is preparing to establish a public-private investment fund exceeding €10 billion to support the development of deep tech and critical digital infrastructure across the European Union.
The initiative, expected to be officially announced in the coming months, will focus on strategic sectors including semiconductors, artificial intelligence (AI), and cloud computing platforms. The goal is to strengthen Europe’s technological capabilities and reduce reliance on non-European providers in these key areas.
The fund is part of the EU’s broader efforts to enhance digital sovereignty, drive innovation, and position Europe as a competitive force in next-generation technologies. It will bring together EU institutions, member states, and private sector stakeholders to co-invest in startups and scale-ups driving advances in foundational tech.
Details regarding the fund’s governance structure, allocation mechanisms, and participating partners are expected to be clarified as the proposal advances. The move follows similar recent initiatives like the Chips Act and the AI Act, reflecting the EU’s strategic push to secure its place in the global digital economy.
