Baillie Gifford on filling Europe’s growth investment gap: “There’s a dearth of capital in Europe” | Sifted

Baillie Gifford says Europe still lacks enough growth capital for late-stage startups and scaleups.

The Edinburgh-based investor is backing that gap with a $500 million venture fund.

Its portfolio includes high-growth companies such as Spotify, Vinted, Bending Spoons, Northvolt and Revolut.

The story underscores Europe’s late-stage funding shortage and the need to support companies as they expand.