Participated · Seed · Jul 2026

Agon develops a synthetic battle arena that enables defence companies, AI developers, and governments to rapidly develop, evaluate, and continuously improve autonomous capabilities at scale. The company positions itself as a provider of sovereign defence AI infrastructure for Europe. Agon emerged from stealth with a $30 million seed round led by Lakestar, which it will deploy toward building and scaling its infrastructure. The founding team includes Tristam Constant, Junaid Hussain, and David Helgason, and the broader team brings experience from firms such as Anduril, Applied Intuition, Google, Helsing, Palantir, Amazon, Unity, and Havok. Public reports do not disclose revenue, user metrics, or prior funding rounds.

Participated · Equity · Jun 2026

Stark Defence develops weaponised drones and positions itself as a defence technology provider focused on scaling European sovereign capabilities. The company plans to expand electronic warfare research facilities and increase production capacity following its recent financing. In its €500 million raise at a €3.5 billion valuation, more than 80% of proceeds are earmarked for R&D and manufacturing. The startup was founded in 2024 and is backed by investors including Sequoia, Founders Fund, the NATO Innovation Fund and Peter Thiel. Stark says the funding will accelerate development of sovereign defence technologies and scale its engineering and factory footprint. It has emerged as a notable example of increased European defence tech investment.

Participated · Equity · Feb 2026

Hyperschallraketen is building hypersonic missiles that can reach speeds of roughly 7,400 km/h, enabling so-called “Deep Strike” capability viewed as critical in modern warfare. The company positions its technology as a key pillar for strengthening Europe’s strategic deterrence and security posture. CEO Philipp Kerth states that freedom and safety must be actively secured, underscoring the firm’s defense-oriented mission. Management plans to have the first operational rockets ready before the end of the decade. Although the unit cost of current U.S. hypersonic weapons can approach USD 40 million, the broader industry aims to reduce prices to USD 5–10 million, a trend that could expand adoption and market size—dynamics Hyperschallraketen hopes to exploit. The startup recently raised €23 million to finance continued R&D and prototype development, giving it fresh capital to accelerate toward deployment.

Participated · Series A · Feb 2026

Hypersonica builds hypersonic flight systems designed to give Europe an edge in deep-precision strike capabilities while also laying groundwork for future civilian spaceflight. The company employs a rapid-iteration model and modular architecture that shortens development timelines from years to months and cuts costs by more than 80 % compared with traditional defense programs. Founders Dr. Philipp Kerth (CEO) and Dr. Marc Ewenz (CTO) emphasize that speed in defense innovation is now essential for safeguarding European democratic values. By bridging advanced laboratory research to flight-ready hardware, the team aims to deliver operational hypersonic weapons sooner and at unprecedented cost efficiency. Progress in these systems is also expected to accelerate autonomous space-access technologies. Although specific revenue or customer figures were not disclosed, the company has attracted both venture and public innovation capital, signalling confidence in its technical milestones and market need.

Participated · Seed · Apr 2025

Founded in 2024 by Alexander Fitzgerald, Isembard operates and franchises factories powered by its proprietary MasonOS platform, which unifies quoting, scheduling, supply-chain, manufacturing, quality control and delivery into a single intelligent operating layer. By automating these processes, the company aims to revive British manufacturing and provide rapid, high-quality component production for sectors including space, defence and robotics. Isembard plans to deploy dozens of software-enabled factories across the UK and expand into Germany, France and Ukraine. The firm targets the opening of 25 factories by the end of 2026 and is actively recruiting engineers across Europe and the United States to support this growth. Its franchise model allows external operators to leverage MasonOS while benefitting from Isembard’s centralized supply-chain and quality systems. Financially, the company closed a $9 million seed round less than a year ago and has now secured a substantial Series A to accelerate expansion. Although revenue figures were not disclosed, the fresh capital underscores strong investor confidence in Isembard’s industrial automation vision.