{"id":624652,"date":"2024-06-18T13:36:14","date_gmt":"2024-06-18T10:36:14","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/nato-backs-first-4-european-startups\/"},"modified":"2024-06-18T13:36:14","modified_gmt":"2024-06-18T10:36:14","slug":"nato-backs-first-4-european-startups","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nato-backs-first-4-european-startups\/","title":{"rendered":"#NATO backs first 4 European startups"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4298b6ee868\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4298b6ee868\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/nato-backs-first-4-european-startups\/#The_first_European_startups_to_get_backing\" >The first European startups to get backing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/nato-backs-first-4-european-startups\/#NATO_invests_in_four_VC_firms\" >NATO invests in four VC firms<\/a><\/li><\/ul><\/nav><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/img-cdn.tnwcdn.com\/image?fit=796%2C417&amp;url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2024%2F06%2FUntitled-design-82.jpg&amp;signature=646e6bb1125947a54c0b17121e8fc19f\" \/><\/p>\n<div id=\"article-main-content\">\n                            NATO has confirmed the first group of European startups and venture capital firms it\u2019s investing in as part of its \u20ac1bn innovation fund.<\/p>\n<p>Officially launched in 2023, the NATO Innovation Fund (NIF) is a multi-sovereign VC fund that will back early-stage deep tech startups and VCs targeting emerging technologies with military and defence <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lications.<\/p>\n<p>The list of technologies ranges from AI, big data processing, and quantum computing to biotech, novel materials, and spacetech. The NIF\u2019s aim is to enhance the defence and security of the 24 members of the Alliance. Its headquarters are located in the Netherlands.<\/p>\n<p>\u201cEnabling capital and support for strategic technologies is key to securing a safe and prosperous future for the Alliance\u2019s one billion citizens,\u201d said Andrea Traversone, Managing Partner of the fund.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_first_European_startups_to_get_backing\"><\/span>The first European startups to get backing<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"inarticle-wrapper channel-cta\">\n<div class=\"ica-text\">\n<p class=\"ica-text__title\">TNW Conference, June 20-21 &#8211; 90% tickets SOLD OUT<\/p>\n<p>Cease all the networking opportunities: roundtables, masterclasses, tech tours, 1:1s&#8230; Last chance to book before we run out!<\/p>\n<\/div>\n<\/div>\n<p>The NIF\u2019s initial equity investments focus on AI, robotics, spacetech, and novel materials. Here are the first European startups receiving backing from the fund:<\/p>\n<p><strong>ARX Robotics:<\/strong> The German startup develops modular, unmanned robotic vehicles for military and commercial applications. The vehicles enable remote control and can be fitted with equipment such as mine-sweeping devices, radar, and medical stretchers.<\/p>\n<p>Founded in 2022, ARX Robotics has built 12 robots to date, already tested by army forces in Ukraine, Germany, Austria, Switzerland, and Hungary.<\/p>\n<p><strong>Fractile: <\/strong>A spinout from the University of Oxford<strong>, <\/strong>the London-based company builds computer chips it says enable large language models (LLMs) to run faster. The startup\u2019s <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> boosts AI performance by running the operations needed for model interference in memory.<\/p>\n<p><strong>iCOMAT: <\/strong>Founded in 2019, the UK startup is building ultralight materials for the aerospace and automotive sector.<\/p>\n<p>The company has developed a fully automated manufacturing process that turns carbon fibre into composite materials, which are up to 65% lighter than the equivalent materials currently in use.<\/p>\n<p>The lighter weight enables vehicles, such as fighter jets, not only to be faster, but also to use less fuel.<\/p>\n<p><strong>Space Forge:<\/strong> The Welsh company aims to establish reusable on-orbit manufacturing capabilities that harness the conditions of the space environments, such as microgravity.<\/p>\n<p>It focuses on the production of semiconductor materials for critical infrastructure, with use cases spanning from aerospace to quantum and telecommunications.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"NATO_invests_in_four_VC_firms\"><\/span>NATO invests in four VC firms<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The NIF is also funding four European venture capital firms that are backing early-stage deep tech startups with a focus on the defence, security, and resilience markets. These are: Alpine Space Ventures, OTB Ventures, Join Capital, and Vsquared Ventures.<\/p>\n<p>The fund will invest the \u20ac1bn total over the course of 15 years, and it seems that Europe will attract further support.<\/p>\n<p>\u201cWhen it comes to defence tech, the market has grown dramatically over the past three or four years for the geopolitical reasons we all know,\u201d Traversone <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/22583b4b-bef8-4182-96f0-d66dc4ce53b7\">told<\/a> the Financial Times.<\/p>\n<p>The trend emerged earlier in the US, he said, but he believes that Europe is now catching up quickly.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/technology\/\" target=\"_blank\" rel=\"noopener\">Technology category.<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thenextweb.com\/news\/space-ai-robots-nato-fund-backs-first-4-european-startups\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NATO has confirmed the first group of European startups and venture capital firms it\u2019s investing in as part of its \u20ac1bn innovation fund. Officially launched in 2023, the NATO Innovation Fund (NIF) is a multi-sovereign VC fund that will back early-stage deep tech startups and VCs targeting emerging technologies with military and defence applications. The&#8230;<\/p>\n","protected":false},"author":1,"featured_media":624653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&fit=1280%2C640&url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2024%2F06%2FUntitled-design-82.jpg&signature=089b6751ddbd87f803ebe907ea52d373","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-624652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/624652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=624652"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/624652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/624653"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=624652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=624652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=624652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}