The European cleantech sector has flourished in the past decade, positioning itself as a leader in innova- tion. However, challenges persist in scaling and industrializing these technologies. Europe’s ambition to claim a significant share of the 650 billion euro clean technology market by 2030 necessitates addressing gaps in growth equity and scale-up finance for sustained competitiveness. The European Green Deal (EGD) establishes legally binding objectives for both the EU and its member states, requiring new regulations and revisions to facilitate an eco-friendly transition. On February 1, 2023, the Commission presented the Green Deal Industrial Plan in Brussels, aiming to bolster the EU’s manufacturing capacity for net-zero technologies.