Luxembourg, July 10 -- Europe is expanding its flagship initiative to support tech champions, as the European Investment Bank (EIB) Group, and major institutional investors and asset managers together with the support of the governments of all 27 EU countries are teaming up to mobilise up to €80 billion for investment into highly innovative companies scaling up to become global leaders.The parties met in Brussels, in the margins of the ECOFIN meeting of EU finance ministers, to give their backing for the second phase of the European Tech Champions Initiative, or ETCI 2.0. The Initiative aims to channel financing in the form of equity investments to tech scaleups through a stronger pan-European investment alliance. The first phase of t...