The President of the European Investment Bank, Nadia Calviño, announced this morning at the Tech Champions Made in Europe conference, a second megafund for Spain in 2025 which will benefit from the support of the European Tech Cahmpions Initiative (ETCI): “Next year we hope to exhaust the 1,000 million euros that we had planned,” Calviño said.
So far, ETCI has invested 350 million in Kembara investment fundthe Spanish megafund intended to support technological startups. In addition, Calviño highlighted that in Spain, funds supported by ETCI have also invested in two Spanish companies: Inke and Factorial.
The first, Inke, dedicated to the development and manufacturing of active pharmaceutical ingredients. And the second, Factorial, is a technology company.
