Analysis

November 24, 2023

French deeptechs are losing out on Nato’s €1bn VC fund

Nato’s €1bn fund is backed by most European countries — but not France. It means startups in the country are losing out on fresh investor cash


Paris, France

At a startup event a couple of months ago, the founder of new materials startup TETMET, Tom Vroemen, ran into a representative for Nato’s investment fund — and like any entrepreneur, he jumped on the opportunity to deliver his elevator pitch.

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

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