News

September 29, 2025

Nato Innovation Fund chair Klaus Hommels steps down following criticism

Hommels isn’t leaving the NIF entirely: he will become the chair of a new advisory council

Anne Sraders and Freya Pratty

2 min read

German investor Klaus Hommels is stepping down as chairman of the €1bn NATO Innovation Fund (NIF), following a rocky two years of operation and allegations of potential conflict of interest. 

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Anne Sraders

Anne Sraders is a senior reporter at Sifted, based in Berlin. She covers the venture capital industry and deeptech startups, including robotics, spacetech and defence tech. She also writes Sifted's weekly VC newsletter Up Round. Follow her on X and LinkedIn

Freya Pratty

Freya Pratty is a senior reporter and investigations lead at Sifted. Follow her on X , LinkedIn and Bluesky

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