The European Investment Fund backs SPOROS Platform with € 58 million to drive circular economy investments in Greece
- aina246
- 3 days ago
- 2 min read
The European Investment Fund (EIF), part of the European Investment Bank Group, has announced a new investment in the SPOROS Platform, an initiative designed to accelerate the shift toward a circular economy in Greece and surrounding regions.
SPOROS has successfully raised € 58 million, reaching its final close under the Sustainability and Social Impact Window of the Equifund II programme. The fund is co-financed by the European Union through the 2021–2027 National Strategic Reference Framework and the Competitiveness Programme.
The platform is managed by SPOROS Impact Ventures AEDAKES, an Athens-based investment firm led by a team with experience in venture capital, entrepreneurship, and sustainability.
SPOROS directs its capital into businesses that support environmental sustainability and circular economic models. Its investment strategy focuses on two main areas: early-stage startups developing resource-efficient innovations, and more established small and medium-sized enterprises transitioning toward sustainable production and operations. Funding is typically deployed in the € 1 - 6 million range, targeting sectors such as clean energy, manufacturing, agri-food systems, logistics, and sustainable tourism. Beyond financing, SPOROS also provides governance support, advisory services, and capacity-building to help companies scale effectively.
The broader ambition of the platform is to strengthen regional economies by promoting innovation and job creation, while also attracting international circular economy businesses to establish hubs in Greece. This dual approach aims to position Greece as a gateway for sustainable growth across Southeast Europe and the Middle East. SPOROS can help modernize key industries and boost resilience in regional economies. At a European level, the platform contributes to wider climate and circular economy goals, reinforcing the EU’s transition toward a more sustainable and competitive economic model.
About EquiFund II
EquiFund II mobilises public and private capital into venture funds supporting innovation, entrepreneurship, and skills, co-funded by the EU under the 2021–2027 framework.
About SPOROS Platform
SPOROS is Greece’s first circular economy impact fund aligned with EU sustainability standards, backed by institutional and strategic investors across Europe. It invests in companies tackling environmental and resource challenges while building a diversified, growth-oriented portfolio.
About European Investment Fund (EIF)
The EIF, part of the European Investment Bank Group, supports small and medium-sized enterprises across Europe by improving their access to finance. It provides venture capital, guarantees, and microfinance tools to drive innovation, growth, and employment.
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