Participated · Series A · Jul 2026

The company develops low-cost drone interceptors aimed at protecting the UK and allied forces, emerging from three years of research, validation and low-volume production. Founders frame the business within a broader vision of more electric, accessible and autonomous aviation while emphasizing immediate defense applications. The team has validated capability through trials and early production runs prior to this Series A. With the new funding, leadership plans to scale production, expand internationally and broaden the product line. The company has secured both venture capital and strategic investors, including NATO Innovation Fund and NSSIF, to support overseas expansion. Existing investors such as Tanglin Venture Partners, z21 Ventures and the Narotam Sekhsaria Family Office have participated again, marking a third investment from some backers.

Participated · Series B · May 2026

Founded in 2022, Fractile develops chips and systems aimed at dramatically speeding up inference for frontier AI models. The company’s thesis is that time-to-output and inference unit economics—particularly memory bandwidth limits—are the next major bottlenecks as models generate increasingly long outputs. Fractile is working across AI research, chip microarchitecture, and foundry process innovation to reduce inference latency and cost. Its technology targets workloads that can require tens of millions of tokens and seeks to enable new, longer-running AI tasks by making faster inference economically viable. The company is expanding its team and hiring across London, Bristol, San Francisco, and Taipei as it scales development. Financial metrics, customers, and prior funding amounts were not disclosed in the articles.

Led · Grant · Dec 2025

Neuron Innovations Ltd is an emerging deep-tech company focused on enabling resilient, real-time communications for autonomous systems. Its flagship product, 4DSKY, is a decentralized aviation surveillance network that leverages Hedera Hashgraph to deliver trusted data exchange between aircraft, drones, and ground systems. By using distributed ledger technology, Neuron eliminates single points of failure and provides tamper-evident telemetry that can be shared across defense and commercial stakeholders. The company is now extending this core capability into a broader secure edge-infrastructure offering that supports autonomous decision-making and AI coordination in contested or bandwidth-constrained environments. Participation in NATO’s DIANA accelerator gives Neuron both capital and direct access to defense-sector test sites and mentors, accelerating product maturation and regulatory engagement. Although the article does not provide operating metrics such as revenue or user counts, the NATO selection reinforces Neuron’s relevance for mission-critical applications, potentially positioning the firm for additional non-dilutive grants or strategic contracts.

Participated · Equity · May 2025

Tekever builds AI-enabled, full‑stack unmanned aerial systems including the AR3 and AR5 drones and integrates avionics, propulsion, sensors, software and autonomy. The company has extensive operational experience in Ukraine, with its AR3 logging over 10,000 operational flight hours and its systems implicated in destroying more than £3B in Russian assets. Tekever has iterated its platforms through over 100 field updates across materials, propulsion, communications, sensors and AI based on frontline feedback. It plans to scale UK manufacturing, expand testing facilities, and establish Centres of Excellence for Autonomy to unite academia, startups and defence partners. The firm aims to create more than 1,000 skilled UK jobs and to anchor a European alternative to traditional defence primes through the OVERMATCH programme. A recent funding round has pushed Tekever’s valuation past the £1B mark and will support rapid production, testing and deployment of its sovereign defence capabilities. Tekever is a dual-use drone company founded in Portugal that also operates in the U.K. and France, developing surveillance and command drone platforms. It controls all aspects of its products—airframe design and manufacturing, payloads, avionics, software, data and AI—allowing rapid adaptation to customer needs and changing battlefield requirements. Its largest platform, the ARX, can command multiple smaller drones for land, sea or battlefield surveillance, and its systems have been deployed in Ukraine, by the European Maritime Safety Agency, and the U.K. Home Office. The company says it will use the €70M funding to develop its product and expand into new markets, specifically the U.S. Tekever bootstrapped before raising a €20M Series A in 2022 from Ventura Capital and Iberis Capital. It is not disclosing a valuation for the latest round. Tekever develops drones with integrated AI, sensors and communications tailored to monitor and detect activity on bodies of water, and sells both hardware components and drone-based surveillance services branded Atlas. The company combines edge AI, satellite communications and cloud computing to deliver near‑real‑time intelligence and predictive analytics for customers. Its drones have wingspans from about two to eight meters and flight times up to 20 hours; Tekever most commonly operates its own fleet and offers intelligence‑as‑a‑service. Customers include government agencies such as the European Maritime Safety Agency and the U.K. Home Office, as well as private shipping firms and smaller nations. Tekever was founded in 2001 and is based in Lisbon, Portugal; it began commercial services in 2018 and has been profitable for some time. The company says it expects to grow at a 60% CAGR over the next three years and plans to use new funding to hire staff and further build out its technology, including work on submarine activity detection and oil‑spill classification.

Participated · Series A · Apr 2025

ARX Robotics, founded in 2022 and based in Munich, develops the modular Gereon UGV platform and Mithra OS, an AI-powered operating system to upgrade military vehicles. Its technologies enable autonomous ground operations and the digitisation of heavy combat vehicles within a fully European supply chain. The company offers open, integrable hardware and software systems and is deployed by six European armed forces across Germany, Ukraine, and the United Kingdom. ARX emphasizes a software-defined defence approach and plans to expand its software platform and accelerate serial production of connected, tactical UGVs. It is building additional production facilities, forming strategic industrial partnerships (including Daimler and Renk), and hiring experts in AI, software architecture, and system integration to scale operations. The recent financing is intended to support production ramp-up, increased integration capability, and Europe-focused reindustrialisation of defence technologies. ARX Robotics has developed ARX Mithra OS, described as the world’s first independent AI-powered operating system for legacy vehicles, and builds high-performance unmanned ground vehicles (UGVs) to digitise and autonomise land forces. Founded in 2022 in Munich by former Bundeswehr officers Marc Wietfeld, Maximilian Wied and Stefan Roebel, the company supplies UGVs to six European military forces and has deployed the largest Western-developed UGV fleet to Ukraine. ARX says its technology can retrofit over 50,000 NATO vehicles and operates with a fully European supply chain to maintain strategic sovereignty. The company has been contracted by the European Defence Agency and is expanding into the UK with a new headquarters, a planned production facility, and a strategic partnership with Daimler Truck. ARX positions its products to address the under-automation of land operations and strengthen European defence resilience. Financially, ARX has raised €31 million in the Series A and has total funding of over €40 million. ARX Robotics manufactures scalable robotic systems for mass deployment in defence and commercial applications. Its flagship GEREON unmanned ground vehicle (UGV) series is modular and can be outfitted for live-fire training, transport and medical evacuation, reconnaissance sensors, and other payloads. The company emphasizes modularity and add-on payload solutions to enable a wide variety of mission-specific use cases. GEREON robots are already in service and tested with several European armies, including Germany, Austria, Switzerland, Hungary and Ukraine, and battlefield experiences are incorporated into development cycles. The new €9M seed funding will be used to expand the team and scale production capabilities across Europe. ARX says it will scale production, generate software-defined systems, and develop adaptive hardware to support mass-deployable autonomous unmanned systems and contribute to European technological sovereignty. ARX builds autonomous Single-to-Multi-Use unmanned ground systems designed for both military and civilian first-responder use. Its unarmed GEREON ground robots incorporate sensors, cameras, alarms and transport capabilities for live-fire training, simulation, surveillance and decoy roles. The company’s small- to medium-sized robots sit on a universal robotic platform that supports flexible add-ons and payloads tailored to different security and defence scenarios. ARX positions its robots as consumable solutions for armed forces to train and protect troops, gather intelligence and withstand mission challenges, while offering long-term reliable support for civilian relief efforts. First units are being tested with defence companies and the armed forces of Germany, Austria, Switzerland and Estonia. The company plans to use recent funding to grow the team, advance the technology and scale production capabilities.