Hellenic Development Bank of Investments (HDBI) is Greece’s Sovereign Fund of Funds, managing public and European resources to invest in Venture Capital and Private Equity funds alongside private investors. As a trusted institutional co-investor, HDBI has become a cornerstone of Greece’s investment ecosystem, fostering effective public-private partnerships and building strong European and international alliances.

With €2.1 billion under management from the Public Investment Program and the Recovery and Resilience Fund, HDBI’s portfolio includes 38 funds (as of July 2025), whose total assets exceed €2.2 billion. Through its work, HDBI acts as a major gateway to the Greek market - enhancing investor confidence, stability, and access to growth opportunities.

HDBI has established high-profile strategic co-investment partnerships, including with the Mubadala Investment Company, the sovereign wealth fund of the UAE, and has signed an MoU with Abu Dhabi’s ADQ. It is also a founding member of the Scale-Up Europe Initiative, supporting European technology champions alongside other major development institutions.

Evolving from the New Economy Development Fund (TANEO), HDBI plays a pivotal role in shaping Greece’s modern investment landscape. Guided by its mission, HDBI invests in funds that support startups and established companies in key sectors such as technology, energy, environment, food, and manufacturing - driving sustainable growth, innovation, and competitiveness across the Greek economy.