The groundwork for establishing TIN was laid in June 2023, when discussions were held in Brussels to foster collaboration among investors.

Greece is emerging as a significant player in the tech landscape, underscored by its involvement in the launch of the Trusted Investors Network.

The European Union has officially launched the 'Trusted Investors Network' (TIN) to bolster investments in deep tech startups across Europe.

Commissioner Iliana Ivanova emphasized that the network aims to address the funding gap for tech companies and strengthen Europe's innovation ecosystem.

The EIC Scaling Club, which includes 72 new members, aims to help 20% of its startups scale into unicorns valued over €1 billion.

Investors interested in joining the TIN can inquire about membership through the provided contact.

This initiative responds to growing concerns about Europe losing its competitive edge in key technology developments.

The TIN will promote collaboration among investors and enhance investment in EIC portfolio companies, focusing on co-investing with the European Innovation Council (EIC) Fund.

This initiative is designed to enhance financing for deep tech companies, supporting the growth of Europe’s innovation ecosystem.

The network has already attracted 71 founding investors, representing over €90 billion in assets committed to investing in European deep tech companies.

Notable founding investors include prominent firms such as Atomico, Bpifrance, and Sofinnova, among others.

Currently, the EIC supports 251 deep tech companies and aims to increase this number to 500 by 2027, with a funding target of €1 billion.