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Status
ACTIVE
Global HQ
Bertrange, Luxembourg
Countries of investment
  • Bulgaria
  • Czechia
  • Estonia
  • Greece
  • Croatia
  • Cyprus
  • Latvia
  • Lithuania
  • Hungary
  • Malta
  • Poland
  • Portugal
  • Romania
  • Slovakia
  • Slovenia
Investment stages
  • Seed
Industries
  • AI
  • Biotechnology
  • Carbon Capture
  • Circular Economy
  • Clean Energy
  • Clean Tech
  • Climate Tech
  • Cloud Computing
  • Cybersecurity
  • Data Science
  • Deep Tech
  • Defense Tech
  • Digital Health
  • Electric Vehicles
  • Energy
  • Energy Storage
  • Enterprise Software
  • Genomics
  • GovTech
  • Green Materials
  • Grid Modernization
  • Health Tech
  • ICT
  • IT
  • Life Sciences
  • Manufacturing
  • Medical Devices
  • MedTech
  • Mobility
  • Pharma
  • Quantum Computing
  • Recycling
  • Renewable Energy
  • Robotics
  • Science
  • Security
  • Smart Infrastructure
  • Software
  • Space Tech
  • Sustainable Energy
  • Sustainable Technologies
  • Technology
  • Waste Management
  • Water Tech
About
Step Fund refers to the Strategic Technologies for Europe Platform, an EU-level initiative designed to mobilize large-scale public and private investment into critical strategic technologies and infrastructure projects across the 27 EU member states, rather than a traditional VC fund for individual startups.
Min check size
$100K
Max check size
$2M
Fund size
NPS

Investment Thesis

Step Fund is an EU initiative to mobilize large-scale public and private investment in strategic technologies and infrastructure across member states. It is not a typical VC fund and does not follow traditional startup funding stages, focusing instead on broader EU strategic projects.
Lead investor
Co Invest
Number of exits
Preferred contact method

Manager's Experience

The oversight team consists of high-level European Union officials and Member State representatives with extensive public policy and financial management experience. Their expertise lies in managing large-scale EU funding programs for strategic technologies and infrastructure, rather than private VC management.
Fund number
Vintage Year
Net Internal Rate of Return
Investment Multiple
Capital Allocation
Management Fee
Carried Interest
AUM
Follow-on Investments
Graduation Rate
Write-Off Ratio
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