EstVCA / Estonian Private Equity And Venture Capital Association
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EIF & Baltic States Launch €225M Baltic Innovation Fund 3
10 February 2026
The European Investment Fund (EIF) joins Estonia, Latvia and Lithuania to create €225M Baltic Innovation Fund 3, expanding the region’s private equity and venture capital market. The initiative is expected to mobilise up to €700M for Baltic businesses by anchoring both first-time and existing fund managers to back 8 to 11 funds over five years.