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Technology
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NATO Innovation Fund Appoints New Partner from BP Ventures

By
Distilled Post Editorial Team

The NATO Innovation Fund has announced the appointment of Erin Hallock, formerly of BP Ventures, as its newest partner. The move strengthens the fund’s expertise in energy transition and industrial innovation as it continues to invest in dual-use technologies across Europe and North America.

Expanding Expertise in Energy and Emerging Technologies

Hallock brings extensive experience in venture capital and strategic investment, having played a key role in BP Ventures’ global portfolio of clean energy, digital, and advanced materials start-ups. Her appointment reflects NATO’s growing focus on technologies that bridge civilian and defence applications, particularly in energy resilience, cybersecurity, and advanced manufacturing.

The NATO Innovation Fund, launched in 2023, is backed by member nations and designed to accelerate innovation within the alliance by supporting early-stage companies developing technologies with strategic relevance. These include artificial intelligence, quantum computing, robotics, and energy systems that enhance both defence capabilities and broader societal resilience.

Driving Dual-Use Innovation

Hallock’s addition to the leadership team underscores the fund’s ambition to strengthen its network across industries that are vital to both economic and national security. Her background in corporate venture capital is expected to help the fund identify investment opportunities that contribute to energy efficiency and supply chain sustainability.

Commenting on her appointment, Hallock said she was excited to join an organisation committed to supporting innovation that 'serves both security and sustainability goals.' She added that the NATO Innovation Fund is uniquely positioned to connect investors, entrepreneurs, and policymakers across borders to drive long-term technological competitiveness.

Strategic Role of the NATO Innovation Fund

The NATO Innovation Fund operates as a €1 billion initiative, investing in early-stage companies developing transformative technologies with dual-use potential. Its mission is to ensure that member countries maintain a competitive edge in areas such as energy independence, critical infrastructure protection, and advanced computing.

Hallock’s appointment is expected to enhance the fund’s ability to identify opportunities in the clean energy and industrial innovation sectors, aligning with NATO’s broader commitment to energy resilience and sustainability within defence operations.