# NATO Innovation Fund

Anthropic and Nvidia back Basecamp Research in $140m round
News
September 23, 2026
Anthropic and Nvidia back Basecamp Research in $140m round
Anthropic’s Anthology Fund — a partnership between the AI giant and Menlo Ventures — has backed Basecamp
Freya Pratty
Exclusive: NIF backs defence startup Terasi in €11m raise
Pro
Exclusive
September 22, 2026
Exclusive: NIF backs defence startup Terasi in €11m raise
The NATO Innovation Fund confirmed details of its first investment in a Swedish startup
Martin Coulter
7 geothermal startups to watch in 2026, according to VCs
Pro
Investor survey
September 10, 2026
7 geothermal startups to watch in 2026, according to VCs
VCs are eyeing startups working to improve drilling costs and provide Europe with more sovereign energy
Anne Sraders
Europe’s newest defence unicorn raises $175m Series B
News
July 9, 2026
Europe’s newest defence unicorn raises $175m Series B
Kraken Technology Group designs and manufactures maritime technologies and vehicles for coastal security
Tom Nugent
Europe’s investors eye nuclear startups amid ‘massive scramble’ for sovereign energy
Pro
Analysis
June 25, 2026
Europe’s investors eye nuclear startups amid ‘massive scramble’ for sovereign energy
Some investors report seeing more nuclear startups in the market, but big challenges remain
Anne Sraders
Eric Slesinger’s 201 Ventures plots second defence fund, sources say
Pro
Exclusive
June 19, 2026
Eric Slesinger’s 201 Ventures plots second defence fund, sources say
Slesinger’s debut fund was backed by LPs like the NATO Innovation Fund
Anne Sraders
NATO Innovation Fund chair Fiona Murray: ‘The threat from Russia is extremely real’
Podcast
December 18, 2025
NATO Innovation Fund chair Fiona Murray: ‘The threat from Russia is extremely real’
Since becoming operational in 2023, the fund has faced significant scrutiny
Maya Dharampal-Hornby and Amy Lewin
The EU wants you! …to manage €5bn
Pro
Analysis
December 12, 2025
The EU wants you! …to manage €5bn
The European Innovation Council published its criteria in a callout for VC firms to manage the new deeptech fund
Anne Sraders and Freya Pratty
NATO Innovation Fund forced to pay €52k to former partner
Pro
Exclusive
December 9, 2025
NATO Innovation Fund forced to pay €52k to former partner
Founding partner Thorsten Claus earned almost €700k a year at the taxpayer-funded firm, court documents from August reveal
Anne Sraders and Freya Pratty
Nato Innovation Fund chair Klaus Hommels steps down following criticism
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
Hedosophia recruits ex-NATO Innovation Fund partner, mulls new defence fund
Pro
Exclusive
September 17, 2025
Hedosophia recruits ex-NATO Innovation Fund partner, mulls new defence fund
Chris O'Connor left the NATO Innovation Fund earlier this year
Anne Sraders and Kai Nicol-Schwarz
The €1bn NATO Innovation Fund loses another partner, hires two
News
July 25, 2025
The €1bn NATO Innovation Fund loses another partner, hires two
Struggling to retain talent, the embattled NIF has recruited two new partners
Anne Sraders and Freya Pratty
Inside the unravelling of the €1bn NATO Innovation Fund: alleged conflicts of interest, departures and disorganisation at the alliance’s big VC bet
Pro
Investigations
June 24, 2025
Inside the unravelling of the €1bn NATO Innovation Fund: alleged conflicts of interest, departures and disorganisation at the alliance’s big VC bet
The fund, which is backed by 24 NATO countries, was a bold bet to increase innovation in the alliance. So far it’s in disarray.
Anne Sraders and Freya Pratty
The €1bn NATO Innovation Fund loses third partner in a year
Pro
Exclusive
June 3, 2025
The €1bn NATO Innovation Fund loses third partner in a year
The fund has seen a lot of turnover at the top since launching in the summer of 2023
Anne Sraders
What Germany’s new government means for defence startups: ‘I see a silver lining’
Pro
Analysis
February 26, 2025
What Germany’s new government means for defence startups: ‘I see a silver lining’
Some defence tech founders are cautiously optimistic about defence spending under the new government
Anne Sraders and Miriam Partington

# NATO Innovation Fund

Anthropic and Nvidia back Basecamp Research in $140m round

Exclusive: NIF backs defence startup Terasi in €11m raise

7 geothermal startups to watch in 2026, according to VCs

Europe’s newest defence unicorn raises $175m Series B

Europe’s investors eye nuclear startups amid ‘massive scramble’ for sovereign energy

Eric Slesinger’s 201 Ventures plots second defence fund, sources say

NATO Innovation Fund chair Fiona Murray: ‘The threat from Russia is extremely real’

The EU wants you! …to manage €5bn

NATO Innovation Fund forced to pay €52k to former partner

Nato Innovation Fund chair Klaus Hommels steps down following criticism

Hedosophia recruits ex-NATO Innovation Fund partner, mulls new defence fund

The €1bn NATO Innovation Fund loses another partner, hires two

Inside the unravelling of the €1bn NATO Innovation Fund: alleged conflicts of interest, departures and disorganisation at the alliance’s big VC bet

The €1bn NATO Innovation Fund loses third partner in a year

What Germany’s new government means for defence startups: ‘I see a silver lining’