NATO Innovation Fund

Activity from announced rounds

Activity in this selectionOct 24, 2026 · Defense tech · Jan 1, 2026
Rounds participated in
3
Confirmed lead rounds
1
2 roles undisclosed
New companies
3
First participation on record · 0 follow-on
Funding in participating rounds
$70.9M
3 disclosed · full round size, not this investor’s share

By stage

Series A2
Seed1

By primary sector

Defense tech2
Space tech1

By country

Finland1
Sweden1
United Kingdom1

Rounds

3 in this selection
TERASi

TERASi develops millimetre-wave wireless communications hardware for defence and security teams operating where conventional infrastructure or satellite links may be unavailable.

€11MSeed
Lead
Kelluu

Designs and operates autonomous hydrogen-powered airships for persistent aerial ISR and monitoring

€15MSeries A
Role not disclosed
SatVu

Provides space-based thermal intelligence data for defense security and infrastructure monitoring

£30MSeries A
Role not disclosed