NATO Launches Innovation Fund

NATO Secretary General Jens Stoltenberg, Leaders and Ministers from 22 Allied countries launched NATO’s Innovation Fund, the world’s first multi-sovereign venture capital fund.

  • The Fund will invest 1 billion euros in early-stage start-ups and other venture capital funds developing dual-use emerging technologies of priority to NATO.
  • These include: artificial intelligence; big-data processing; quantum-enabled technologies; autonomy; biotechnology and human enhancement; novel materials; energy; propulsion and space.

This initiative would be totally incomplete without Ukraine’s ecosystem – its defense innovators have the most relevant and practical battlefield insights. No country is better positioned to deliver defense-focused startups, – Anton Verkhovodov, Ukrainian tech advocate and VC specialist.

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