€270 million Luxembourg Future Fund 3 officially launched

Operating as a fund-of-funds, LFF 3 will help broaden access to financing for start-ups, scale-ups and SMEs. Flexible throughout the companies’ development cycle, the Programme will be able to invest in venture capital, private equity and private debt funds.

Strategically, LFF 3 will target specialised or multi-sector funds focusing on high-growth sectors that are essential to the country’s future, including cybertech, deeptech, fintech, healthtech, proptech, spacetech, greentech and cleantech, as well as the transport sector.

In line with the SNCI’s core mission, LFF 3 will combine financial performance objectives with objectives related to the creation of local economic substance in order to strengthen the national ecosystem. The Programme is primarily intended to support investment funds established in Luxembourg whose investment teams are already fully or partly based in the Grand Duchy, or that commit to establishing a presence there.

Building on a long-standing and successful partnership with the EIF, this third edition also marks a major evolution in the operating model of this cooperation. While the EIF fully managed the first two programmes, the SNCI is now taking a decisive step by participating directly in the investment process and investing in its own name. This development will enable the bank to strengthen its direct relationships with market participants while continuing to benefit from the EIF’s institutional expertise throughout the investment cycle.

A mainstage panel exploring the fund's impact on the ecosystem and further operational details will take place during the, specifiallay on the 15 October

A mainstage panel exploring the fund's impact on the ecosystem and further operational details will take place during Luxembourg Venture Days, specifically on 15 October.

“The future belongs to those who dare to invest in their ambitions. With LFF 3, we are giving innovators, entrepreneurs and investors the means to turn their projects into reality, transform their ideas into lasting successes and drive tomorrow’s growth. By supporting this momentum, we are helping to build a more diversified, competitive and resilient Luxembourg economy. LFF 3 therefore represents a strong investment in Luxembourg’s future and in the generations that will shape it,” mentioned Gilles Roth, Minister of Finance.

“LFF 3 is a strategic tool for diversifying our economy. By mobilising investment in high-growth sectors, we want to anchor innovative activities, expertise and highly skilled jobs in Luxembourg, thereby creating genuine economic substance and lasting value for our country,” said Lex Delles, Minister for the Economy, SMEs, Energy and Tourism.

 “Today’s signing highlights not only the impact of this type of instrument on Luxembourg’s ecosystem, but also the success of the long-standing cooperation between the SNCI and the EIF. This continuity, together with the State’s support for all three editions of the Luxembourg Future Fund, makes an important contribution to innovation, competitiveness and business growth in the country,” stated Robert de Groot, Vice-President of the European Investment Bank Group.