![]() In contrast to this, Deep Tech looks to tackle well defined challenges that have a recognised customer base, but need to invest tremendously in technology that may or may-not work in order to even achieve a minimum viable product.īecause of the high up-front costs and uncertainty, finding backers can be tricky from the outset, but these investments are essential for the private sector to foster disruptive technological solutions. ![]() As an investment vehicle, Deep Tech is distinct from conventional tech companies that typically have low R&D requirements but higher marketing and business analytics costs as the company seeks to scale, and understand its fit with the market. The fund intends to directly invest in start-ups situated within the 23 participating Allied nations, as well as to invest in Deep Tech funds that have a significant impact across the trans-Atlantic region, over a 15-year periodĭeep Tech initiatives are characterised by high cost research and design (R&D) processes to meet a specific problem. “This is further enabled through participation in the NATO Innovation Fund.” Deep Tech challenges and NATO solutions “As a member of NATO, Sweden will contribute to the strength of the Alliance, not only through our geo-strategic location and military capabilities, but also through a vibrant security and defence industry that promotes innovation and development of cutting-edge technology,” said Pål Jonson, Minister of Defence, Sweden. Participating allies have expressed their warm reception towards Sweden’s expressed interest in becoming a member of the NIF, following the nation’s recent entry into NATO.
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