news 
Amid Increased Momentum for Defense, the NATO Innovation Fund Refreshes Its Investment Team
The NATO Innovation Fund (NIF) has announced a significant change to its investment team, amid increased momentum in the defense sector. In a move that is expected to strengthen its position in the market, NIF has welcomed two new partners and bid farewell to one of its founding members.
As reported by TechCrunch, Kelly Chen, a founding partner, will be stepping away from her role at the fund to pursue a new venture. This decision comes as a surprise to many, given the fund’s impressive track record in the defense space.
Chen has been instrumental in NIF’s success and is expected to continue serving on the boards of several startups backed by the organization. Her departure marks an end of an era for the fund, but it also opens up new opportunities for the team to take a more strategic approach to investing.
The addition of two new partners with industrial and scientific backgrounds will significantly enhance NIF’s capabilities in evaluating innovative technologies and supporting startup founders across European ecosystems.
Source: techcrunch.com
