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Nevermind VC launches €23.6M fund for dual-use deeptech startups

Nevermind VC just opened a €23.6 million fund targeting early-stage startups in Italy's Lazio region, focusing on deeptech companies whose tech could be used for both civilian and defense purposes. The fund plans to back 10–15 startups in areas like aerospace, cybersecurity, and robotics, acting mainly as lead investor. Over three-quarters of the fund comes from a regional investment program. Final fundraising aims for €35 million.

Why it mattersThis new fund gives Europe's dual-use tech startups more options for early-stage backing, especially in sectors with long development cycles and strict requirements. The heavy involvement from public funding underlines a broader push to foster strategic technologies within the region.

Sources covering this

EU-StartupsHeadline onlyNVM Ventures launches with €23.6 million fund targeting dual-use companies11:28 AM →Tech.euNevermind VC launches with €23.6M first close to back dual-use deeptech startups1:15 PM →
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