NATO DIANA Funding Explained: Grants and Contracts

DIANA funding has two distinct forms that are easy to confuse: non-dilutive grants for accelerator companies, and contractual funding for the separate Warfighters Challenge. This page sets out each stage using only officially published figures.

Phase 1: the €100,000 grant

Every company selected for a DIANA accelerator cohort receives a €100,000 grant. It is non-dilutive: DIANA takes no equity. Alongside the funding, companies join a six-month programme across 16 accelerator sites with access to 200+ test centres.

Phase 2: up to €300,000 more

Outstanding performers can be selected for Phase 2, with up to €300,000 in additional grant funding. DIANA has announced Phase 2 selections for two cohorts: 10 companies from the 2024 cohort (announced as an aggregate figure; the individual selectees are not published in a trackable list) and 14 companies from the 2025 cohort, announced September 2025 and individually tracked in the table below. That is roughly 19% of the 72 companies in that cohort. A company completing both phases can receive up to €400,000 in total grant funding.

CompanyCountryChallenge area
Tactical Edge SystemsUnited StatesEnergy & Power
DeltaOrbit GmbHGermanyCritical Infrastructure & Logistics
Reaction DynamicsCanadaCritical Infrastructure & Logistics
WayrenEstoniaCritical Infrastructure & Logistics
Alea Quantum TechnologiesDenmarkData & Information Security
IS-WirelessPolandData & Information Security
Kinnami Software CorporationUnited StatesData & Information Security
TACTIQLCanadaData & Information Security
52 North HealthUnited KingdomHuman Health & Performance
MANITTYFranceHuman Health & Performance
SwazaUnited StatesHuman Health & Performance
KelluuFinlandSensing & Surveillance
RVmagnetics, a.s.SlovakiaSensing & Surveillance
ZelimUnited KingdomSensing & Surveillance

See the full Phase 2 tracker with cohort and country breakdown

Warfighters Challenge: contractual funding

The Warfighters Challenge for Decision Superiority is funded differently: €100,000 contractual funding each, structured as contractual funding rather than a grant. The 10 selected companies work toward live demonstrations with NATO Allied Command Operations and Task Force Maven, planned for December 2026. Throughout the tracker, funding for these companies is labelled contractual to keep the distinction clear. See the Warfighters Challenge analysis for the full picture.

What DIANA does not publish

DIANA does not publish company-level grant amounts, equity terms (there are none) or follow-on private investment. Where individual funding is not public, company profiles show the standard programme funding for their track and mark anything unverified as such.

All figures computed from the Alliance Tech Tracker dataset, last reviewed 2026-08-23. See the methodology for how we verify data.