Investments
198Portfolio Exits
13Funds
3Partners & Customers
10About European Commission
The Commission represents and upholds the interests of the EU as a whole, and is independent of national governments. It is headed by 28 Commissioners, one per EU country. The European Commission prepares legislation for adoption by the Council (representing the member countries) and the Parliament (representing the citizens). It administers the budget and the policy programmes (Agriculture, Fisheries, Research etc.) in cooperation with authorities in the member countries.
Latest European Commission News
Dec 8, 2023
NEW YORK--(BUSINESS WIRE)--Pfizer Inc. (NYSE:PFE) today announced the European Commission (EC) has granted conditional marketing authorization for ELREXFIO® (elranatamab). ELREFXIO is a targeted immunotherapy for the treatment of adult patients with relapsed and refractory multiple myeloma (RRMM) who have received at least three prior therapies, including a proteasome inhibitor, an immunomodulatory agent, and an anti-CD38 antibody and have demonstrated disease progression on the last therapy. E
European Commission Investments
198 Investments
European Commission has made 198 investments. Their latest investment was in Kikleo as part of their Seed VC on November 11, 2023.
European Commission Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/17/2023 | Seed VC | Kikleo | $1.63M | Yes | Avelana, Bpifrance, CIC, and Good Only Ventures | 2 |
11/1/2023 | Grant | Peptomyc | $5.26M | Yes | 2 | |
10/30/2023 | Unattributed | BayWa r.e. | $6.88M | Yes | 1 | |
9/12/2023 | Grant | |||||
8/11/2023 | Seed |
Date | 11/17/2023 | 11/1/2023 | 10/30/2023 | 9/12/2023 | 8/11/2023 |
|---|---|---|---|---|---|
Round | Seed VC | Grant | Unattributed | Grant | Seed |
Company | Kikleo | Peptomyc | BayWa r.e. | ||
Amount | $1.63M | $5.26M | $6.88M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Avelana, Bpifrance, CIC, and Good Only Ventures | ||||
Sources | 2 | 2 | 1 |
European Commission Portfolio Exits
13 Portfolio Exits
European Commission has 13 portfolio exits. Their latest portfolio exit was Halo on January 20, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
1/20/2023 | Acquired | 2 | |||
7/6/2022 | Acquired | 3 | |||
2/18/2022 | IPO | Public | 1 | ||
Date | 1/20/2023 | 7/6/2022 | 2/18/2022 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acquired | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 2 | 3 | 1 |
European Commission Fund History
3 Fund Histories
European Commission has 3 funds, including Venture Capital Fund of Funds.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
11/8/2016 | Venture Capital Fund of Funds | $437.9M | 2 | ||
European Startup Fund I | |||||
Connecting Europe Broadband Fund |
Closing Date | 11/8/2016 | ||
|---|---|---|---|
Fund | Venture Capital Fund of Funds | European Startup Fund I | Connecting Europe Broadband Fund |
Fund Type | |||
Status | |||
Amount | $437.9M | ||
Sources | 2 |
European Commission Partners & Customers
10 Partners and customers
European Commission has 10 strategic partners and customers. European Commission recently partnered with Sopra Steria on November 11, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
11/7/2023 | Vendor | France | InfrateX Consortium led by Sopra Steria awarded Simpl `` The European Commission 's decision to award Infratex Consortium and Sopra Steria such an important and significant contract is a strong endorsement of our capability and expertise in the areas of Data and Cloud . | 1 | |
10/31/2023 | Vendor | United States | EU Commission’s “multi-cloud strategy” raises consistency questions The EU executive has selected Oracle for a six-year overarching framework agreement that allows the US-based company to offer cloud services to the EU institutions , bodies and agencies . | 1 | |
8/23/2023 | Partner | United States | Meta Collaborates with European Commission for Compliance with European Digital Services Act (DSA) In an article published on the company 's blog , Meta announces that it has collaborated in recent months with the teams in charge of the DSA , `` including measures to increase transparency about how our systems work and give people more options to personalize their experiences on Facebook and Instagram . | 1 | |
8/4/2023 | Vendor | ||||
7/19/2023 | Vendor |
Date | 11/7/2023 | 10/31/2023 | 8/23/2023 | 8/4/2023 | 7/19/2023 |
|---|---|---|---|---|---|
Type | Vendor | Vendor | Partner | Vendor | Vendor |
Business Partner | |||||
Country | France | United States | United States | ||
News Snippet | InfrateX Consortium led by Sopra Steria awarded Simpl `` The European Commission 's decision to award Infratex Consortium and Sopra Steria such an important and significant contract is a strong endorsement of our capability and expertise in the areas of Data and Cloud . | EU Commission’s “multi-cloud strategy” raises consistency questions The EU executive has selected Oracle for a six-year overarching framework agreement that allows the US-based company to offer cloud services to the EU institutions , bodies and agencies . | Meta Collaborates with European Commission for Compliance with European Digital Services Act (DSA) In an article published on the company 's blog , Meta announces that it has collaborated in recent months with the teams in charge of the DSA , `` including measures to increase transparency about how our systems work and give people more options to personalize their experiences on Facebook and Instagram . | ||
Sources | 1 | 1 | 1 |
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