NATO Innovation Fund

Activity from announced rounds

All recorded activity
Rounds participated in
7
Confirmed lead rounds
3
3 roles undisclosed
New companies
7
First participation on record · 0 follow-on
Funding in participating rounds
$242.5M
7 disclosed · full round size, not this investor’s share

By stage

Series A4
Seed2
Series C+1

By primary sector

Defense tech3
Biotech1
Cybersecurity1
Industrial tech1
Space tech1

By country

United Kingdom3
Finland1
Germany1
Iceland1
Sweden1

Rounds

7 in all activity
Basecamp Research

Basecamp Research builds biological AI models from genomic data to help design therapeutics, including protein-based medicines.

$140MSeries C
Participant
TERASi

TERASi develops millimetre-wave wireless communications hardware for defence and security teams operating where conventional infrastructure or satellite links may be unavailable.

€11MSeed
Lead
Laki Power

Laki Power makes line-powered monitoring stations and analytics for electric utilities and transmission operators. The units harvest power from overhead conductors and combine cameras, sensors, onboard processing and communications to spot grid, weather and security risks remotely.

€6MSeries A
Lead
RevEng.AI

Provides binary-level AI analysis of compiled software to detect hidden vulnerabilities and supply chain threats

$15MSeries A
Role not disclosed
Kelluu

Designs and operates autonomous hydrogen-powered airships for persistent aerial ISR and monitoring

€15MSeries A
Role not disclosed
SatVu

Provides space-based thermal intelligence data for defense security and infrastructure monitoring

£30MSeries A
Role not disclosed
ARX Robotics

ARX Robotics builds modular unmanned ground systems and software that connects robots with existing military vehicle fleets.

€9MSeed
Lead