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# Investigation finds EU investment fund financed Israeli spyware firm Paragon
- URL: https://sovereigntymonitor.eu/news/2025-10-01-eif-paragon-spyware-investment/
- Published: 2025-10-01T12:00:00.000Z
- Updated: 2026-10-13T12:00:09.000Z
- Description: Apache reported that the European Investment Fund put EUR 21.2 million into fund of funds Aurora Europe in 2020, which indirectly backed Red Dot Capital's investment in Israeli spyware maker Paragon. EIB Group said the deal met eligibility rules at the time.
- Author: Reidar Balstad
- Tags: Industry, investment and R&D, Policy and law, #news, #verified, #editor-read

Verified Editor-read [Apache.be investigation, 1 October 2025](https://apache.be/2025/10/01/european-investment-fund-eif-financed-israeli-spyware-company-paragon?ref=sovereigntymonitor.eu)

**What it does not test.** Does not establish that EIF breached its own rules; EIB Group says the investment met applicable eligibility criteria.

**How this item counts.** This item is dated before the index starts on 1 January 2026, so it does not count in the [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/).

**How this item was made.** Drafted by an AI system (Claude (Anthropic)) from the source cited above; read and approved by the editor on 2026-10-13\. [How the record is made](https://sovereigntymonitor.eu/method/#how-the-record-is-made)