NUNC Capital invests €20M in Ukraine's Defense Tech

NUNC Capital, a venture-building investment firm based in Amsterdam, has announced a €20 million initiative aimed at investing in emerging Ukrainian defense technologies. This early-stage venture building initiative seeks to create a strategic connection between Europe's defense markets and Ukraine's burgeoning defense technology ecosystem. By establishing a local presence in Ukraine, NUNC Capital intends to support start-ups focused on innovative and disruptive defense solutions. Motivated by recent geopolitical shifts, NUNC Capital aims to address critical capability gaps in Europe while leveraging Ukraine's accelerated battlefield innovation. The initiative will target specific domains with high innovation potential, including electronic warfare, unmanned systems, smart materials, sensors and payloads, and GPS-denied communication and navigation. The firm's strategic focus aligns with the need for enhancing European strategic autonomy and capitalizes on Ukrainian expertise honed through operational experience. NUNC Capital is also involved with the Brave1 investor community and the expanding European Defense Tech network. Founded in 2013, the firm has built a niche portfolio in defense tech, underscoring its focus on investing in future disruptive defense technologies.