- A leading VC firm, OTB Ventures, secured €170 million from the NATO Innovation Fund and the European Investment Fund to boost European deep tech.
- OTB Ventures specializes in deep tech investments in space technology, AI, fintech infrastructure, and cybersecurity.
- The firm focuses on late Seed, Series A, and B rounds, supporting promising startups in Europe.
- The NATO Innovation Fund recognized OTB Ventures’ alignment with its mission of investing in emerging technologies.
- OTB Ventures plans to allocate the majority of the new fund to Series A investments, with a focus on supporting disruptive deep tech startups in Europe.
VC Firm Funding: OTB Ventures Secures €170 Million from NATO Innovation Fund
In a significant development for the European deep tech investment landscape, OTB Ventures, a prominent venture capital firm with Polish roots, has successfully secured €170 million in funding for its second investment fund. The investment comes as a collaboration between the NATO Innovation Fund (NIF) and the European Investment Fund (EIF) under the InvestEU Fund, highlighting the growing support for deep tech startups in the region.
OTB Ventures: Pioneer in Deep Tech Investments
OTB Ventures, established in 2017, has carved a niche for itself in the European venture capital scene by specializing in deep tech investments across key verticals such as space technology, artificial intelligence, fintech infrastructure, and cybersecurity. The firm’s focus on late Seed, Series A, and B rounds allows it to provide essential growth capital to promising startups, fostering innovation and technological advancement in the region.
NATO Innovation Fund: Driving Technological Advancements
The collaboration with the NATO Innovation Fund (NIF) underscores OTB Ventures’ alignment with cutting-edge technologies and its commitment to supporting startups at the forefront of innovation. The NIF, with its €1 billion fund dedicated to investing in emerging technologies like defense tech, AI, quantum computing, and biotechnology, recognizes the pivotal role that startups play in shaping the future of technological advancements.
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Future Prospects: Shaping the European Deep Tech Ecosystem
As the European deep tech ecosystem continues to flourish, OTB Ventures’ new funding round positions the firm as a key player in identifying and nurturing the most promising startups driving technological advancements across the continent. With a strong network of strategic partners and the backing of the NATO Innovation Fund, OTB Ventures is poised to play a crucial role in shaping the future of European deep tech innovation, paving the way for groundbreaking developments in the tech landscape.
The €170 million funding secured by OTB Ventures from the NATO Innovation Fund marks a significant milestone in the European deep tech investment landscape. With a clear focus on supporting disruptive startups and leveraging Europe’s tech talent pool, OTB Ventures is well-positioned to drive innovation and foster technological advancements that will shape the future of the region’s tech ecosystem.
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