Participated · Series B · Jul 2026

Kraken Technology develops and manufactures autonomous maritime platforms such as uncrewed subsurface vessels for military and security use. Its technology is already used by NATO, the UK Ministry of Defence and the US Navy, and it counts US defence firm Anduril as a partner. Founded in 2020, the British-founded startup has expanded into manufacturing and operational deployment for defence customers. The company said it will use the new funding to develop an uncrewed surface vessel and to expand manufacturing facilities. Financially, Kraken achieved unicorn status with a $175 million Series B at a $1 billion valuation.

Participated · Equity · May 2026

Founded in 2009, Skeleton Technologies develops supercapacitor-based energy storage systems built on its patented Curved Graphene technology and claims to be the world’s largest manufacturer of supercapacitors for mission-critical infrastructure. Its flagship offering, GrapheneGPU, is targeted at high-density AI computing environments and the company says it reduces energy consumption by 40% while increasing computing power by 40%. Skeleton operates mass-scale manufacturing in Germany and a one-gigawatt SuperBattery factory in Finland and is preparing to expand production to the United States. The company holds protection through 70 patent families and says it now has the largest engineering and R&D teams in the high-power energy storage sector. Financially, the firm has raised a total of €392 million in venture capital ahead of a planned U.S. IPO in 2027.

Participated · Equity · Mar 2026

SkySelect operates a specialised AI marketplace that matches aviation part requests with optimal suppliers from a global network of thousands of vendors, giving airlines real-time visibility into parts availability and pricing. The platform streamlines end-to-end procurement through integrations with major ERP providers, allowing just-in-time purchasing that lessens the need for costly safety stock. Since launch the company has processed more than $6 billion in transactions, including $1.3 billion in 2025 alone, and is currently landing roughly one new major airline customer each month, with recent wins such as JetBlue, Sun Country Airlines, Air Transport Services Group, Widerøe, and Vueling. By reducing shipments up to 30 %, SkySelect helps customers cut logistics costs and carbon emissions while mitigating the estimated $30 billion annual impact of aircraft-on-ground incidents. The Estonian-founded firm addresses a market where airlines spend about $40 billion on parts yet still hold roughly $50 billion in excess inventory. With fresh capital, SkySelect plans to deepen its AI sourcing and optimisation capabilities and expand headcount across product development, data science, and customer success teams in its U.S., India, and Estonia offices.

Participated · Series A · Feb 2026

Frankenburg Technologies is positioning itself to develop and produce an affordable European anti-missile defense system intended to compete with legacy solutions such as the Patriot. The company has opened its first manufacturing plant in Latvia to scale serial production of interceptors. Its technical approach emphasizes lower unit cost and manufacturability to enable massed engagements and sustainment in prolonged conflicts. Frankenburg publicly announced its Series B raise of €100 million to finance development and production, reflecting investor interest in alternatives to constrained incumbent supply chains. The company is cited in coverage alongside other new entrants like FirePoint as part of a broader shift toward more affordable, scalable missile-defense options in Europe.

Participated · Seed · Feb 2026

Farsight Vision builds computer vision and geospatial analysis software for military intelligence applications, with tools to analyze video and images from drones, automate object search, and process intelligence data. The company recently developed FSV Localizer, a capability that can determine the location of enemy UAVs using only video from their onboard cameras. It received EIC grant funding intended to accelerate product development, strengthen its technology base, and support implementation of security-focused solutions. The firm did not disclose revenue or user metrics in the article. The funding is presented as grant capital from the European Innovation Council under Horizon Europe rather than equity financing.