Finnish space-tech Iceye is the first to tap backing from the $5bn EU scale-up fund meant to direct growth at the bloc's companies.

The European Commission previously said it chose EQT because of its shared ambition to "scale deep-tech innovation in Europe", despite the firm being best known for buying…

Finnish space-tech Iceye is the first to tap backing from the $5bn EU scale-up fund meant to direct growth at the bloc's companies.