BEYOND CAPITAL – What it really takes to scale tech in Europe

Capital matters. But capital alone doesn’t create scale.
Recent contributions — including EQT’s “Attention Is Just the Start” — rightly highlight the urgency of Europe’s ability to scale tech.

We agree: Europe needs capital at scale.
Where we take the discussion further is on how scale is actually achieved.

In our latest white paper, Beyond capital: What it really takes to scale tech in Europe, Elena Bou and Francisco Velazquez de Cuellar argue that growth capital delivers its full impact only when deployed within strong ecosystems — connecting industry, offtakers, policy, talent and markets to systematically de-risk growth.

Europe already leads in clean tech innovation and has spent the past 15 years building pan-European, public–private ecosystems to support scale. The priority now is to connect these ecosystems with capital — and scale what already works.

If you’re interested in how Europe can build globally competitive tech champions, download our white paper