TLDR:
Key Points:
- OTB Ventures secured €170 million from the NATO Innovation Fund to boost European deep tech.
- The investment is backed by NATO Innovation Fund, European Investment Fund, and notable Limited Partners.
OTB Ventures, a leading European venture capital firm, recently closed its second investment fund at €170 million with support from the NATO Innovation Fund (NIF) and the European Investment Fund (EIF) under the InvestEU Fund. The firm specializes in deep tech investments in verticals such as space technology, artificial intelligence, fintech infrastructure, and cybersecurity. OTB Ventures plans to allocate the majority of the new fund to Series A investments and has already made investments in startups like KYP.ai, SEMRON, and ClearSpace. With the backing of NIF and strategic partners, OTB Ventures is positioned to play a pivotal role in shaping the future of European deep tech innovation amid a thriving ecosystem in the continent.
