NATO’s VC fund backs biotech startup for first time
The NATO Innovation Fund (NIF) has made its first investment in a biotechnology startup. The alliance’s VC arm announced today that it’s co-leading a $35mn Series A round for UK-based Portal Biotech as it seeks to strengthen NATO’s defences against biological warfare. Portal develops portable, AI-powered diagnostic devices capable of detecting pathogens at the single-molecule level. Unlike traditional lab-based systems, its platform is designed for field deployment. It aims to offer rapid, on-site identification of biological threats. Ana Bernardo-Gancedo, senior associate at NATO Innovation Fund, told Reuters that this capability is crucial for defence and security. “We believe it is…This story continues at The Next Web [...]
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NATO taps Accenture and Leonardo to build a €200M secure cloud backbone
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Project Maven reaches Europe: NATO selects Palantir's AI analytics system
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NATO just formalised cybersecurity partnerships with Microsoft, Palo Alto Networks, and ESET
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Eight NATO allies launch HALO, a plan to link military satellites into one networked mega-constellation
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NATO backs Welsh startup building space factory for ‘supermaterials’
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BAE-backed Expeditions raises €197M fund for European defence startups
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