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Europe has never lacked innovation. Its challenge has been transforming research excellence into global companies that remain rooted in Europe. The scale-up gap raises a deeper question: can Europe build the capital architecture needed to turn innovation into ownership, influence and long-term sovereignty?
Europe has long excelled at generating knowledge, innovation and entrepreneurship. Retaining ownership and long-term value creation has proven more difficult. Emerging growth initiatives suggest that Europe may finally be learning not only how to innovate, but also how to finance its own future.
Europe may be entering a new phase of economic development. Beyond innovation itself, the question increasingly becomes whether Europe can also finance, scale and retain its own future industrial champions.
Europe has long excelled at generating innovation but struggled to finance scale. The Scaleup Europe Fund suggests a deeper shift in European thinking: capital is increasingly being treated not merely as finance, but as the infrastructure required to sustain technological sovereignty.
