NATO’s VC fund will invest in startups to develop cutting-edge technology for defense applications.
Credit: Steve Allen Travel Photography/Alamy Stock Photo
The world’s first multi-sovereign venture capital fund, led by NATO, closed €1 billion ($1.09 billion) in funding for defense startups on Aug. 1. Twenty-three NATO allies have officially become partners in the fund—though not the U.S. and Canada—while Sweden is slated to join after its accession to...
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