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    On 13 February 2023, the EIB Group (European Investment Bank, European Investment Fund) and five EU Member States will launch the European Tech Champions Initiative (ETCI), a Fund of Funds that will channel much-needed late-stage growth capital to promising European innovators. The signature ceremony for the launch of the initiative will be held on the sidelines of the Eurogroup meeting in Brussels. The fund, which will be managed by the EIF, is expected to grow and attract fresh commitments in the future.