Release date: 15 June 2017
Promoter – Financial Intermediary
BUNDESREPUBLIK DEUTSCHLANDLocation
Description
Equity investment in the German venture capital fund Coparion, which is backed by the German Ministry for Economic Affairs and Energy and KFW. Coparion undertakes investments in technology companies with private co-investors.
Objectives
EIB investment is intended to increase the fund size by up to 60m to allow Coparion to undertake large single investments, to increase its share of investments in life science and to companies in their growth phase.
Sector(s)
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 275 million
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 12/12/2018
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).