For Investors

EUR 1 Billion
NATO Innovation Fund

The world's first multi-sovereign venture capital fund, backed by 24 NATO member nations. Investing in deep tech companies that protect and strengthen the alliance.

NATO Innovation Fund Overview

Launched in 2023, the NATO Innovation Fund (NIF) is a EUR 1 billion fund with a 15-year mandate to invest in deep tech startups across NATO member nations. The fund targets companies in strategic sectors including AI, quantum computing, space, biotechnology, and advanced materials.

EUR 1B
Fund Size
24
Contributing Nations
15 yr
Fund Mandate
150+
DIANA Companies

How DIANA Companies Get Funded

DIANA operates a rigorous multi-stage selection and acceleration process:

1
Application & Selection

Open call across NATO nations. Typical acceptance rate: 3-5% (150 selected from 3,600+ applicants).

2
Accelerator Program

Access to 11 accelerator sites across Europe and North America. Mentorship, testing, and market access support.

3
Test Centers

90+ test centers across NATO nations for technology validation in defense-relevant environments.

4
Investment

Top performers receive investment from the EUR 1B NATO Innovation Fund. NIF invests alongside private capital.

Investment Thesis by Challenge Area

Energy & Power

Novel energy generation, storage, and distribution technologies for military and critical infrastruc...

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🔒
Advanced Communication Technologies

Quantum-safe, jam-resistant, and resilient communication systems for NATO forces and allied critical...

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🤖
Autonomy & Unmanned Systems

Unmanned platforms, swarm technologies, counter-drone systems, and autonomous decision-making for de...

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📡
Contested Electromagnetic Environments

Technologies for navigation, communication, and sensing in environments where the electromagnetic sp...

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🏭
Critical Infrastructure & Logistics

Technologies protecting and maintaining NATO's critical infrastructure, supply chains, and logistics...

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📈
Data Assisted Decision Making

AI, data fusion, and decision support technologies that accelerate command decisions across all oper...

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🩼
Human Resilience & Biotechnology

Medical countermeasures, field diagnostics, human performance enhancement, and biotechnology for NAT...

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Maritime Operations

Undersea, surface, and maritime domain awareness technologies for naval and coastal defense operatio...

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🏔
Operations in Extreme Environments

Technologies enabling NATO forces to operate effectively in Arctic, desert, high-altitude, and other...

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🚀
Resilient Space Operations

Space domain awareness, satellite resilience, orbital servicing, and space-based capabilities for NA...

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Connect with a DIANA Company

Interested in co-investing, piloting, or partnering with a DIANA company? We facilitate introductions between investors, operators, and DIANA companies across the portfolio.

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