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NATO Innovation Fund

84 Wood Ln, London, Greater London, W12 0BZ, United Kingdom

Overview

Funding deep tech innovation for NATO's unique ecosystems.

Deals · 12mo

9

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

Finland
France
Germany
Luxembourg
...

Sector focus

Communities
Finance
Politics

Investment portfolio

19rounds
NAMEDATESIZE
TERASi
Sep 2026Led
$13 MSeed
Kraken Technology
Jul 2026Participated
$175 MSeries B
Stark Defence
Jun 2026Participated
$571 MOther Equity
RevEng.AI
May 2026Led
$15 MSeries A
Kelluu
Apr 2026Led
$18 MSeries A
Inbiome
Apr 2026Led
$16 MSeries A
TYTAN Technologies
Mar 2026Led
$35 MSeries A
SatVu
Feb 2026Participated
$41 MOther Equity
Uplift360
Feb 2026Participated
$9 MSeed
Kreios Space
Sep 2025Led
$9 MSeed
Stark Defence
Aug 2025Participated
$62 MOther Equity
Space Forge
May 2025Led
$30 MSeries A
TERASi
Sep 2026Led
$13 MSeed
Kraken Technology
Jul 2026Participated
$175 MSeries B
Stark Defence
Jun 2026Participated
$571 MOther Equity
RevEng.AI
May 2026Led
$15 MSeries A
Kelluu
Apr 2026Led
$18 MSeries A
Inbiome
Apr 2026Led
$16 MSeries A
TYTAN Technologies
Mar 2026Led
$35 MSeries A
SatVu
Feb 2026Participated
$41 MOther Equity
Uplift360
Feb 2026Participated
$9 MSeed
Kreios Space
Sep 2025Led
$9 MSeed
Stark Defence
Aug 2025Participated
$62 MOther Equity
Space Forge
May 2025Led
$30 MSeries A
19
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

NATO Innovation Fund: 19 funding rounds are recorded in the selected participation categories.All available history.
NATO Innovation Fund: 19 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed52
Series A60
Series B02
Series C+01
Other Equity03

Monthly Deal Activity

NATO Innovation Fund: 19 deals are recorded across 45 months.All available history.
NATO Innovation Fund: 19 deals are recorded across 45 months. All available history
MonthDeals
Feb '232
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '243
Jul '241
Aug '240
Sep '241
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '251
Jun '250
Jul '250
Aug '251
Sep '251
Oct '250
Nov '250
Dec '250
Jan '260
Feb '262
Mar '261
Apr '262
May '261
Jun '261
Jul '261
Aug '260
Sep '261
Oct '260

Sector Breakdown

NATO Innovation Fund: Space & Frontier Tech is the largest displayed sector by deal count (10 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

NATO Innovation Fund: Space & Frontier Tech is the largest displayed sector by deal count (10 deals). All available history
SectorDeals
Space & Frontier Tech10
Hardware & Robotics9
Manufacturing8
Cybersecurity & Privacy4
Government & Defense3
Enterprise Software3
Transportation & Logistics3
Networks, Cloud & Communication3
AI & Machine Learning3
E-Commerce & Retail1
Clean Energy & Sustainability1
Data, Analytics & IT1
Consumer & Lifestyle1
Health & Life Sciences1
Social & Community Platforms1
Developer Tools1

Deal Size Distribution

NATO Innovation Fund: 19 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

NATO Innovation Fund: 19 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M5
$10M-$25M6
$25M-$50M3
$50M-$100M3
$100M-$250M1
$250M-$500M0
$500M-$1B1
$1B+0

Deals By Geography

NATO Innovation Fund: Europe has the largest recorded deal count among the displayed regions (18 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

NATO Innovation Fund: Europe has the largest recorded deal count among the displayed regions (18 deals). All available history
RegionDeals
Europe18
Rg19 6ab1
NATO Innovation Fund: 20 co-investors are shown, with In-Q-Tel sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

NATO Innovation Fund: 20 co-investors are shown, with In-Q-Tel sharing 3 recorded deals. All available history
Co-investorShared deals
In-Q-Tel3
Project A3
8VC2
British Business Bank2
D32
Döpfner Capital2
Join Capital2
Lakestar2
Sequoia Capital2
10x Group1
201 Ventures1
360 Capital Partners1
4growth VC1
Adara Ventures1
Advent International1
Air Street Capital1
Airbus Ventures1
Almi Invest1
Armira Growth1
Banque Populaire1

Investment Strategy

NATO Innovation Fund: Led accounts for 58% and participating for 42% of round participation.All available history.
NATO Innovation Fund: Led accounts for 58% and participating for 42% of round participation. All available history
CategoryDeals (count)Share (%)
Led1158%
Participating842%
NATO Innovation Fund: Single-lead accounts for 45% and co-led for 55% of lead dynamics.All available history.
NATO Innovation Fund: Single-lead accounts for 45% and co-led for 55% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead545%
Co-led655%

Team

Andrea Traversone

Managing Partner

Chris O'Connor

Founding Partner

David Ordonez
Erin Hallock
John Ridge

Chief Adoption Officer

Kelly Chen

Founding Partner

Kusti Salm

Member of the Board

Patrick Schneider-Sikorsky

Founding Partner

Sander Verbrugge

Partner

Thorsten Claus

Founding Partner

Trisha Saxena
Ulrich Quay

Partner