Bpifrance is the most active European public investor

Top 10 European public investors by VC rounds joined directly

Investor

VC rounds joinedJan 2021 – Oct 2026

Own investmentOwn inv.estimated

Total round sizeall investors

Deep tech% of own investment% of own inv.

Unicornsbacked, incl. $1B+ exits

Bpifrance

817

€3.2B

€21.8B

44%

EIC Fund

532

€1.5B

€5.8B

73%

Enterprise Ireland

444

€710M

€830M

21%

–

HTGF

368

€469M

€3.0B

36%

British Business Bank

310

€1.0B

€6.8B

48%

CDP Venture Capital

294

€575M

€2.7B

48%

EIFO

138

€376M

€1.7B

50%

–

Almi Invest / Saminvest

122

€96M

€260M

41%

–

Invest-NL

109

€624M

€2.9B

78%

Portugal Ventures / BPF

108

€182M

€680M

15%