NATO DIANA Funding Explained: Grants and Contracts
By Alliance Tech Tracker research · Published 2026-08-23 · Updated 2026-08-23
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.
| Company | Country | Challenge area |
|---|---|---|
| Tactical Edge Systems | United States | Energy & Power |
| DeltaOrbit GmbH | Germany | Critical Infrastructure & Logistics |
| Reaction Dynamics | Canada | Critical Infrastructure & Logistics |
| Wayren | Estonia | Critical Infrastructure & Logistics |
| Alea Quantum Technologies | Denmark | Data & Information Security |
| IS-Wireless | Poland | Data & Information Security |
| Kinnami Software Corporation | United States | Data & Information Security |
| TACTIQL | Canada | Data & Information Security |
| 52 North Health | United Kingdom | Human Health & Performance |
| MANITTY | France | Human Health & Performance |
| Swaza | United States | Human Health & Performance |
| Kelluu | Finland | Sensing & Surveillance |
| RVmagnetics, a.s. | Slovakia | Sensing & Surveillance |
| Zelim | United Kingdom | Sensing & 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: each of the 10 selected companies receives €100,000 in contractual funding rather than a grant. They 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.
Cite Alliance Tech Tracker
Alliance Tech Tracker maintains an independently verified dataset of NATO DIANA companies, cohorts, challenges and programme outcomes. The dataset is licensed under CC BY 4.0: researchers, journalists and organisations may reuse it with attribution and a link to alliancetechtracker.com.
Alliance Tech Tracker. NATO DIANA Company Dataset, version 2026.08, updated 2026-08-23. Licensed under CC BY 4.0. https://alliancetechtracker.com/data. Changes: no changes.
Dataset version 2026.08 · data as of August 2026 · last reviewed 2026-08-23 · methodology · download CSV or JSON
All figures computed from the Alliance Tech Tracker dataset, last reviewed 2026-08-23. See the methodology for how we verify data.