The European Investment Fund has launched an initiative to strengthen investments in the continent’s defense and security capabilities. In a memorandum of understanding with the NATO Innovation Fund, the two organizations aim to encourage private capital funds to allocate more of their investments towards the region’s defense and security industry. The MOU includes plans for...
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Tag: NATO Innovation Fund
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Sweden to Join NATO Fund for Disruptive Tech Startups
Sweden has expressed its intent to participate in the NATO Innovation Fund, which will invest $1.1 billion in early-stage startups developing emerging and disruptive technologies that can address critical defense and security challenges. The country, which is on track to be the 32nd NATO ally, will officially join the alliance following accession talks. Pal Jonson,...