Twenty-two NATO member states launched the Alliance’s new innovation fund on Thursday 30 June.
“This fund is unique. This is the world’s first ever multi-sovereign venture capital fund”, explained NATO Secretary General Jens Stoltenberg at the signing ceremony of the participating nations’ letter of engagement.
According to him, the fund will invest €1 billion in early-stage start-ups and other venture capital funds developing emerging dual-use technologies which are...