# Council of Europe Development Bank

> Council of Europe Development Bank is a VC fund in Paris backing Financial Services and Banking. See 9 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Paris, France
- Total investments: 9
- Last investment: Jun 2025
- Lead investor: 100%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/council-of-europe-development-bank/
- Website: https://x.com/COEbanknews

Council of Europe Development Bank is a VC fund in Paris focused on Financial Services and Banking. CEB is a crucial instrument of solidarity strategy, participates in the funding of social programmes, responds to emergency situations.

## Round sizes

| Stage | Round size |
| --- | --- |
| Debt Financing | $6.5M–$271M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 7 | 78% |
| Banking | 5 | 56% |
| Finance | 4 | 44% |
| Insurance | 2 | 22% |
| Credit | 1 | 11% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 7 | 78% |
| Post-IPO Debt | 1 | 11% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Italy | 1 | 11% |
| Spain | 1 | 11% |
| Poland | 1 | 11% |
| Serbia | 1 | 11% |
| Albania | 1 | 11% |

8 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| University of Tartu | The University of Tartu is a classical university in the city of Tartu and the national university of Estonia. | $116.8M | Debt Financing | Jun 25, 2025 |  |
| FED invest | FED invest provides financial, non-financial, and banking services. | $11M | Debt Financing | Apr 05, 2025 |  |
| MicroBank | MicroBank is a financial service company. They provide financing to groups and projects that generate a favorable social impact. It is an international initiative that to achieve a voluntary commitment from entities in social responsibility, and in this way contribute to responsibility. | $109.6M | Debt Financing | Apr 05, 2025 |  |
| Intesa Sanpaolo | Intesa Sanpaolo is a banking group that specializes in wealth management, protection, advisory, and digital orientation. Their products and services include accounts, cards, loans, mortgages, insurance, digital payments, retirement planning, investments, and consulting. It was founded by the merger of Banca Intesa and Sanpaolo IMI. | $274M | Post-IPO Debt | Apr 05, 2025 |  |
| Alter Modus | Alter Modus is a microcredit financial institution. They managed to provide commercial sources of financing and to establish partnership cooperation with renowned banks and funds that support the development of microcredit through long-term credit lines. It is to provide financial assistance to micro-entrepreneurs who had difficult access tofinance. | $11M | Debt Financing | Apr 05, 2025 |  |
| SID | SID is a national promotional and development bank that provides financing for the sustainable development of the Slovenian economy. | $54.8M | Debt Financing | Apr 05, 2025 |  |
| Orkuveitan | Orkuveitan is an energy and utility company, owns and operates geothermal power stations to provide electricity and hot water to industries and households. They also act as a communications firm that installs and operates a fiber optic network connecting homes and businesses. | $83.8M | Debt Financing | Sep 27, 2024 |  |
| 3Bank | Opportunity Bank is active in Serbia since 2002, and the year 2012 is marked with its 10-year anniversary in Serbia. | $6.5M | Debt Financing | Mar 26, 2024 |  |
| Pekao Leasing | Pekao Leasing specializes in loans, financing, long-term leases, insurances, leasing, and rental for passenger and commercial vehicles. | $270.8M | Debt Financing | Mar 26, 2024 |  |

9 of 9 investments shown.

## Co-investors
- [Nordic Investment Bank](https://shizune.co/investors/profile/nordic-investment-bank) — VC Fund, 1 deal together

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### Similar stage
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### Similar country
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## FAQ

### What does Council of Europe Development Bank invest in?

Council of Europe Development Bank invests primarily in Financial Services, Banking and Finance startups, most often at Debt Financing and Post-IPO Debt stage. Most of the 9 investments tracked by Shizune back companies in Italy. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Council of Europe Development Bank's check size?

Council of Europe Development Bank typically joins rounds of $6.5M–$271M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Council of Europe Development Bank participates in.

### When did Council of Europe Development Bank last invest?

The most recent investment recorded for Council of Europe Development Bank closed in Jun 2025. Shizune tracks 9 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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