NATO has launched DIANA
Its venture capitalism initiative focused on climate tech startups. It aims to invest over 1 billion Euros to address climate-related security concerns. Under NATO’s Investment Fund, DIANA signifies NATO’s entry into venture capitalism. It targets startups that address energy resilience and security threats amplified by climate change.
Supporting Clean Energy Solutions
Startups accepted into DIANA’s program focus on cybersecurity, surveillance, and energy resilience, emphasizing clean energy solutions. Initial grants and access to specialized testing facilities are provided.
Transformative Innovations in Energy
DIANA supports startups like Ionate Energy, which modernizes grid transformer equipment, and GaltTec, which specializes in energy-efficient fuel cells. These investments showcase NATO’s interest in innovative technologies beyond traditional defense sectors.
Facilitating Commercial and Government Partnerships
While DIANA doesn’t take equity in participating companies, it facilitates connections between startups and defense agencies, offering commercial and government partnership opportunities.
Expanding Focus and Addressing Scepticism
DIANA plans to expand its focus to include intelligent grids, nuclear fusion, sustainable aviation fuel, and artificial intelligence. Despite skepticism, DIANA emphasizes its commitment to fostering innovation in the climate technology sector.
Leveraging Investment for Climate Resilience
With DIANA, NATO aims to bolster energy resilience and mitigate security risks associated with climate change, signaling a proactive shift towards technology-driven security and defense approaches.
CLICK HERE for more inspiring climate news
