Danish engineering union IDA invests millions in venture capital to address Europe's funding gap
By
Kresten Andersen
1d ago· 1 min readdaNews
Summary
The Danish engineering union IDA is making an atypical move for a labor union by investing millions in venture capital through Climentum Capital Fund, aiming to address Europe's shortage of risk capital needed for business growth. The union's members are directly affected by the capital challenges in Europe.
Source
Key quotes
· 3 pulledDet handler om at vise vejen
Der mangler risikovillig kapital i Europa, hvis kontinentets erhvervshåb skal vokse sig store og succesfulde
Ganske atypisk for en fagforening kaster IDA sig nu ind i ventureinvesteringer
Det er bl.a. ingeniørforeningen IDA's medlemmer, der mærker kapitaludfordringerne i Europa. Ganske atypisk for en fagforening kaster IDA sig nu ind i ventureinvesteringer.
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