“European Deep Tech to Receive $185 Million Investment by OTB Ventures with Support from NATO Innovation Fund”
![Otb Ventures Co Founders And Managing Partners Marcin Hejka And Adam Niewinski](https://techgroundnews.com/wp-content/uploads/sites/4/2024/03/OTB-Ventures-co-founders-and-managing-partners-Marcin-Hejka-and-Adam-Niewinski-768x438.jpg)
Not a day goes by without some confirmation that deep tech is on the rise in Europe — and that public and private capital investors are here for it.
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.
OTB’s take on deep tech focuses on four verticals that do sound fairly NATO-compatible: space tech, enterprise automation and AI, cybersecurity and fintech infrastructure.
This means we can’t confirm either whether the funding that went to OTB could also have gone to, say, a French or Austrian deep tech fund.
Like NIF, OTB is headquartered in Amsterdam, and its other office is in Warsaw, where NIF is also planning to have a regional office.