The European Investment Fund (EIF) is a European Union institution that provides financial support to small and medium-sized enterprises (SMEs) across Europe. In the space sector, EIF acts as an investor, committing equity to venture capital funds that focus on space technologies, supporting both upstream and downstream activities. It partners with organizations like the European Commission, European Space Agency (ESA), and national space agencies to foster innovation and growth of European space tech companies through initiatives like the InnovFin Space Equity Pilot and the CASSINI Space Entrepreneurship Initiative. Key activities include investments in funds like Orbital Ventures and Primo Space, and Alpine Space Ventures, backing companies involved in satellite constellations, earth observation, space debris tracking, and related areas.
All verified mentions of this organization in source documents.
The European Investment Fund is the European Union’s investment arm.
The $15 million investment in Morpheus Space includes funding from Alpine Space Ventures and the European Investment Fund.
The Luxembourg Future Fund II is managed by Société Nationale de Crédit et d’Investissement and the European Investment Fund.
The European Investment Fund made a EUR 60 million investment related to Alpine Space Ventures’ fund in 2023.
The European Investment Fund launched a €175 million equity fund for defense investments that could benefit space.
The European Guarantee Fund provides nearly €25 billion in guarantees to enable the EIB and the European Investment Fund to quickly make loans, guarantees, asset-backed securities, equity, and other financial instruments available.