Signatories Include the NATO Innovation Fund[1], New North Ventures, Tech Operators, and SYN Ventures
WASHINGTON, D.C. – Today, Paladin Capital Group, a leading multi-stage investor in advanced cyber and AI technologies, announced four new signatories on its Investment Principles and Commitments for Trust, Safety and Security, including the NATO Innovation Fund (NIF), New North Ventures, Tech Operators, and SYN Ventures.
Announced earlier this year at a meeting with the White House National Security Council and the Executive Office of the President, Paladin’s Investment Principles and Commitments promote Trusted Capital, signal the commitment of leading venture capital firms to a safer era of investing, and solidify a private-public sector partnership to protect allied nations from the risks of new technology and defend democratic values. As adversaries manipulate the global cyber domain, and the world increasingly uses game-changing technologies like generative AI, it is critical that venture capital firms like Paladin and NIF sign on to commitments that will backstop free and open societies and protect the economic success of democratic nations.
Through the commitments, all signatories pledge to put trust, safety, and security at the center of the technological innovation they are creating through their investments and deter bad actors from using the technologies to harm democratic institutions.
“Our latest partnership with the NATO Innovation Fund broadens the base of Trusted Capital with US allies and exemplifies the ever-growing need to promote innovation and trusted investing across the globe,” said Michael Steed, Founder and Managing Partner of Paladin Capital Group. “Having the NATO Innovation Fund sign onto our principles creates a powerful path forward for continued international coordination on maximizing return on investments and protecting democratic institutions that are the bedrock of society. We are thrilled to have their support and look forward to a strong global partnership.”
“Paladin Capital Group’s Investment Principles and Commitments are in line with the core values of the NATO Innovation Fund and NATO DIANA’s Allied Capital Community. Protecting innovation from adversaries is key to making progress towards our mission to secure the future of the Alliance’s 1 billion citizens through technological innovation and responsible design,” said Patrick Schneider-Sikorsky, Partner and founding team member of the NATO Innovation Fund.
The new signatories are joining a group of eight leading advanced technologies investors who initially signed onto the Principles & Commitments with Paladin, including America’s Frontier Fund, Ballistic Ventures, Forgepoint Capital, Gula Tech Adventures, Razor’s Edge Ventures, Scout Ventures, Shield Capital, and Squadra Ventures. The regular addition of new signatories demonstrates the momentum these investment principles and commitments are building in the venture capital industry.
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About Paladin Capital Group
Paladin Capital Group was founded in 2001 and has offices in Washington DC, New York, London, Luxembourg, and Silicon Valley. As a multi-stage investor, Paladin’s core strength is identifying, supporting, and investing in innovative companies that develop promising, early-stage technologies to address the critical cyber and advanced technological needs of both commercial and government customers.
Combining proven investment experience with deep expertise in global security, cyber technology, and cutting-edge research, Paladin has invested in more than 70 companies since 2008 and has been a trusted partner to investors, entrepreneurs, and governments for over two decades.
For more on Paladin Capital Group, follow us on Twitter at @Paladincap and on LinkedIn or visit us at www.paladincapgroup.com.
[1] NATO Innovation Fund refers to NIF Investment Manager BV