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Nevermind VC launches with €23.6M first close to back dual-use deeptech startups

Tech.eu Cate Lawrence

Nevermind VC Fund launched NVM Ventures in Italy with its NVM Venture Lazio compartment raising €23.6 million in a first close toward a €35 million target. The new compartment plans to fund 10–15 dual-use deeptech startups at Pre-Seed and Seed stages, backed by Lazio Innova’s €18.83 million commitment. As a result, it formalizes an investment platform for frontier dual-use technologies in Lazio, with institutional support aimed at pairing each thesis with specialist teams and enabling emerging managers.

Why it matters

Nevermind (NVM), a VC Fund focused on investing in deeptech dual use frontier technologies in Italy and Europe, has officially launched. NVM Ventures announces a €23.6 million first close for the NVM...

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