businessAllianz Backs Scaleup Europe Fund to Accelerate European AI and Quantum Champions
Global financial services leader Allianz SE announced a landmark capital commitment today to the Scaleup Europe Fund, closing an oversubscribed €1.5 billion growth-stage deep-tech investment vehicle. The fund will inject late-stage venture capital into high-potential European scaleups developing frontier artificial intelligence, quantum computing hardware, and advanced semiconductor fabrication tools.