Reference: 20170220
Release date: 15 June 2017

Promoter – Financial Intermediary

BUNDESREPUBLIK DEUTSCHLAND

Location

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 data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Germany Services