On Thursday 12 June 2025, the Luxembourg Future Fund 2 (LFF2), a joint initiative of the SNCI national credit and investment institution and the European Investment Fund (EIF), announced an investment in MiddleGame Ventures (MGV), a Luxembourg-based venture capital firm specialising in fintech, digital finance and banking innovation.
According to SNCI, the investment supports LFF2’s mission to strengthen Luxembourg’s technology ecosystem and improve access to finance for fintech entrepreneurs, while promoting the development and adoption of next-generation technologies in the financial sector.
“Our investment confirms Luxembourg's commitment to remain at the forefront of technological innovation, leveraging fintech to enhance the country’s competitiveness by addressing challenges and unlocking opportunities within the financial sector,” stated Eva Kremer, CEO of SNCI.
Founded in 2016, MiddleGame Ventures has invested over €300 million in 50 companies. The firm focuses on the fintech sector and aims to support early-stage companies developing digital solutions for the financial industry.
"The commitment from the Luxembourg Future Fund is a strong vote of confidence in our investment strategy. We are honoured to have such a prestigious institutional partner sharing our vision for the future of international financial services," said Pascal Bouvier, co-founder and General Partner at MiddleGame Ventures.
LFF2, with a budget of €200 million, including €160 million committed by SNCI, is managed by EIF and aims to support what has been described as “innovative companies with high growth potential” and to “strengthen Luxembourg’s technological competitiveness”.
“To make sure that European ideas can materialise and grow in Europe, we need to step up financial support for every phase of the business life cycle. Partnering with SNCI in the Luxembourg Future Fund, our intention is to make that a reality also in Luxembourg,” added Marjut Falkstedt, Chief Executive of the European Investment Fund. “This latest investment reflects that goal, driving technological innovation and competitiveness alike, strengthening Luxembourgish companies and the European economy at the same time.”
