NATO Innovation Fund led the €12m seed financing round in Kongsberg Ferrotech.

NATO Innovation Fund, a venture capital firm, led the €12m seed financing round in Kongsberg Ferrotech, a Norwegian robotics company developing in-situ subsea infrastructure repair and maintenance technologies, with participation from Investinor. “This is a major milestone for Kongsberg Ferrotech. The support from the NATO Innovation Fund and Investinor validates our vision: to redefine how critical offshore infrastructure is maintained, using our robotic platform to enhance energy resilience and safety," Christopher Carlsen, Kongsberg Ferrotech CEO.