Luxembourg, March 25 -- The Boards of Directors of the European Investment Bank (EIB) Group endorsed the scaling up of successful financing instruments to strengthen Europe's technological leadership and defence capabilities.The significant expansion of the successful European Tech Champions Initiative (ETCI) will crowd in institutional investors, in addition to public resources from Member States. Managed by the European Investment Fund (EIF), the ETCI is the biggest fund-of-funds in Europe fully dedicated to scaling up innovative European companies to compete globally. It has already invested into 14 mega-funds of over €1 billion and anchored the creation of 11 European unicorns.A dedicated ETCI platform will be launched in the seco...