This was reported by Brave1 following the Defense Tech Valley 2025 international forum held in Lviv on September 16–17.
Dutch company NUNC Capital has allocated €20 million to launch a venture initiative supporting Ukraine’s defense innovations. The fund’s main priority is the development of the Fund of Builders mechanism for investing in the local defense industry, with a particular focus on new materials. This initiative aims to reduce the country’s reliance on foreign support, create jobs, and stimulate the economy.
German-Luxembourg venture fund Verne Capital, specializing in defense, security, and cyber technologies, plans to invest up to €25 million in Ukrainian defense innovations. Swedish company Varangians announced a large-scale investment plan in Ukraine and has already closed its first deal, the details of which remain undisclosed. European fund Oedipus Inc. has become the first permanent-capital fund in Europe dedicated exclusively to defense technologies. Its founders, experienced in investing in autonomous Ukrainian developments, plan to announce new defense partnerships soon.
The Defense Tech Valley 2025 forum was organized by Brave1 in cooperation with Ukraine’s Ministry of Digital Transformation. The event brought together more than 5,000 participants from over 50 countries, including more than 300 investors from Europe and North America — double the number compared to the previous Brave1 event in February 2025, the Defense Tech Innovation Forum.
According to Brave1, since 2024 Ukrainian defense companies have attracted around $90 million in investments, while the average ticket size has increased from $300,000 to $1 million.
