Phaistos Investment Fund has been established pursuant to Article 94 of Law n. 4727/2020 (Government Gazette A’ 184). Its exclusive objective is the investment in businesses that are actively involved in 5G-related research and/or development of products and/or services in Greece, in sectors such as transport and logistics, manufacturing, public goods and utilities, health, tourism, information and media.

Private and professional investors may participate in Phaistos Investment Fund. Phaistos Investment Fund operates according to Article 7 of Law n. 2992/2002 (Government Gazette A’ 54).