EIB Set to Invest €70 Billion in European Tech Through 2027

The European Investment Bank (EIB) is preparing to unveil a €70 billion initiative aimed at accelerating the growth of Europe’s technology sector between 2025 and 2027, according to EU officials cited by Reuters. The program, known as Tech EU, is designed to strengthen the continent’s position in advanced technologies and close the competitive gap with China and the United States.

As part of the plan, €20 billion will be allocated to equity and quasi-equity investments, €40 billion to loans, and €10 billion to guarantees. Officials say the EIB, the world’s largest multilateral lender with a balance sheet of €556 billion, expects this investment to attract an additional €250 billion in private capital as confidence in EIB-backed projects grows.

Tech EU aims to reinforce broader European Commission efforts to support high-risk, high-potential ventures through every stage of development, from early innovation to public listing. Priority areas for the funding include supercomputing, artificial intelligence, digital infrastructure, advanced robotics, defence technologies, health innovation, green industries like offshore wind, and securing critical raw materials.

By targeting these strategic sectors, the EIB intends to position Europe as a global leader in the next wave of clean and digital technologies.