Get the latest tech news
With backing from NATO Innovation Fund, OTB Ventures will invest $185M into European deep tech
OTB Ventures' new $185 million fund for deep tech in Europe will mostly be deployed at the Series A stage; but up to 10% could be allocated to seed funding, and more than 50% to follow-on investments.
Latest case in point, OTB Ventures, which closed a $185 million fund to invest in deep tech in Europe that it will mostly deploy at the Series A stage. The venture firm welcomes this support, as well as EIF’s evolving investment thesis, OTB co-founder and managing partner Adam Niewiński told TechCrunch. “Our first 1 billion flagship fund invests at the intersection of deep tech, defense, security and resilience, with themes including energy, quantum computing, autonomy, climate, industrials, space and biotechnology.
Or read this on TechCrunch