Europe has launched a €90 billion investors club to address the funding gap in the technology sector. This initiative has attracted 71 investors, including well-known firms like Atomico and EQT, as well as state-backed entities such as France's Bpifrance and the Netherlands' Invest-NL. The NATO Innovation Fund is also part of this coalition.

A recent evaluation report led by former Portuguese tech minister Manuel Heitor highlighted Europe's struggle in scaling technology compared to the U.S. and China, labeling it as the continent's "single biggest long-term challenge." The report emphasized the urgent need for improved commercialization and adoption of new technologies within the EU. This new approach represents a departure from previous efforts to boost tech funding in the region.