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Venture debt

We offer long-term venture debt to address the unique needs of fast-growing companies. The financing structure includes bullet repayment and remuneration linked to the equity risk of the investees, and complements existing venture capital financing.

Four key benefits

Limited dilution

Our financing has less of an impact on ownership than equity funding. This helps keep motivation high, while complementing equity capital.

Bespoke financing

Loans can be secured or unsecured, and provide different levels of subordination (including contingent/participating loans).

Hands-off approach

We have no direct involvement in daily management.

Signalling effect

Our financing is often seen as a mark of quality, helping attract additional investors.

Eligibility criteria

Who is eligible

The company must have already raised equity from professional investors, have a sustainable business model and business plan and have a solid corporate governance in place.

Eligibility criteria

What is eligible

The investee must have investment plans for research and development that are geographically located in the European Union (EU). The projects should be in commercial stage. Exceptionally, projects in pre-commercial stage may be accepted if the company develops technologies in areas of strategic importance to the EU.

We typically offer financing between €5 million and €50 million. Scale-up companies with a valuation exceeding €500 million are eligible for financing superior to €50 million.

Projects that apply for financing under InvestEU are eligible for venture debt financing.

The projects should fall under one of the following innovative areas:

Typically companies active in biotech, unmet medical needs, vaccines, therapeutics, diagnostics, med-tech, digital health solutions.

Companies we work with

Typically companies active in robotics, automation, high performance computing, quantum computing, artificial intelligence, advanced hardware components, advanced engineering, photonics, semiconductors, IoT, 5G and beyond, edge computing, industry 4.0, automation and data flows, advanced materials, sustainable/advanced manufacturing, space tech, and strategic sustainable ICT technologies.

Companies we work with

Typically companies active in sustainable transport, future mobility, transition to clean energy, decarbonisation technologies and digital solutions, bioeconomy, and circular economy.

Companies we work with

Contact us

How to get financing

Find more information about applying for EIB venture debt financing and the next steps of the process. Sign up for a contact account to send all inquiries directly to our Venture Debt team. Once signed up, your company can get in touch with us, make a general enquiry or apply for venture debt financing.

In focus

EU – Breakthrough Energy Catalyst Partnership

Together with the European Commission and Breakthrough Energy we are accelerating the deployment of emerging climate technologies in Europe through Catalyst. Through this partnership we identify and support projects with high potential for impact and cost-down trajectory in sectors such as clean hydrogen, energy storage, sustainable aviation fuel, direct CO2 capture and decarbonisation of heavily polluting industries.

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