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427 Budapest-based EIT InnoEnergy secures €140 million private placement to boost impact on European unicorns

EU-Startups
Stefano De Marzo @ EU-Startups 3 place · 09/08/2023 06:20 EDT

Budapest-based EIT InnoEnergy secures €140 million private placement to boost impact on European unicorns

The European Institute of Innovation & Technology (EIT) recently announced a €140 million private placement of one its Knowledge and Innovation Communities (KICs). With its latest investment round, EIT InnoEnergy, created by the EIT in 2010, will boost growth for its portfolio companies which include 3 European unicorns, aiming to generate €110 billion in revenue ...

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