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 VC industry and deeptech startups. She also writes Sifted's weekly VC newsletter Up Round. Follow her on X and LinkedIn

Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

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