NUNC Capital launches €20 million fund to invest in Ukrainian Defense Tech
Dutch investment company NUNC Capital launches an initiative to create venture funds worth 20 million euros to invest in new Ukrainian defense technologies.
Dutch investment company NUNC Capital launches an initiative to create venture funds worth 20 million euros to invest in new Ukrainian defense technologies.
As noted on the NUNC Capital website, the goal is to create «a strategic bridge between European defense markets and Ukraine’s ecosystem of innovative defense technologies».
«By creating an advanced operating base in Ukraine, NUNC Capital invests in local companies to find and support startups that are developing breakthrough defense solutions,» the company said in a statement.
According to CEONUNC Capital Bram Ostfogel, «recent geopolitical events on the world stage» led the company to decide to expand its scope of operations in Ukraine to cooperate with local defense startups.
«We intend to address critical gaps in Europe’s defense capabilities, while leveraging Ukraine’s accelerated innovation on the battlefield. This is in line with recent calls in Europe to mobilize private financing and make better use of existing financial instruments,» he said.
The fund will focus on the following areas:
- EW and EW technologies;
- unmanned systems;
- smart materials;
- sensors and payload;
- communication and navigation without using GPS.
It is noted that these are specific areas where European strategic independence needs to be strengthened and can use Ukrainian expertise «formed on the basis of operational experience».
Earlier, the head of Brave1 Natalia Kushnerska stated that in 2025, the Ukrainian defense tech sector expects to attract $100 million in investments to develop innovations in the defense sector.
«If we talk about investments, last year it was $40 million. This may not be such a large amount, but compared to 2023, when it was $8 million, it is a fairly large increase. And this year we plan for it to be $100 million», — Kushnerskaya explained.
About NUNC Capital
A venture capital firm focused on defense technology, NUNC Capital has built a niche portfolio of defense companies in critical areas such as advanced materials, unmanned systems, strategic procurement and supply, and mission-critical software since 2013.
NUNC Capital is a member of the Brave1 investor community, which supports advanced defense solutions, and a partner in the expanding European Defense Tech network, which promotes innovation in defense technology.
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