NATO has confirmed the first group of European startups and venture capital firms it’s investing in as part of its €1bn innovation fund. Officially launched in 2023, the NATO Innovation Fund (NIF) is a multi-sovereign VC fund that will back early-stage deep tech startups and VCs targeting emerging technologies with military and defence applications. The list of technologies ranges from AI, big data processing, and quantum computing to biotech, novel materials, and spacetech. The NIF’s aim is to enhance the defence and security of the 24 members of the Alliance. Its headquarters are located in the Netherlands. “Enabling capital and…
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