EQT has won the EU's €5bn superfund. Now what?

The competition that captivated European VC has concluded.Earlier this week, the EU chose Swedish investment firm EQT to manage its new €5bn Scaleup Europe Fund after a closely-watched race among the region’s top firms like the UK’s Atomico and France’s Eurazeo.On this week’s — somewhat emergency — episode of the Sifted podcast, host Freya Pratty chats to senior reporter Anne Sraders about the selection process to run the fund, when it will begin deploying and which lucky companies might be backed. Fresh off an interview with EQT investors, the pair also dig into how the firm wants to manage the fund, their reaction upon hearing the news — and whether there could be a second scale-up fund on its way soon.Sign up to our daily newsletter here: https://sifted.eu/newsletters