NUNC Capital, a Netherlands-based venture investment firm, has announced the launch of a €20 million initiative aimed at supporting Ukrainian defense startups and fostering collaboration between European defense markets and Ukraine’s rapidly evolving defense innovation ecosystem.
According to the firm, the initiative will involve investing in local talent and specialists to identify and support breakthrough defense technologies emerging from Ukraine.
Bram Oostvogels, CEO of NUNC Capital, stated that the initiative is designed to address critical gaps in Europe’s defense capabilities by tapping into Ukraine’s battlefield-proven innovation. He emphasized that the strategy aligns with recent European calls to mobilize private capital and better leverage existing financial instruments to strengthen security and defense resilience.
The fund will focus on several high-impact areas, including:
- Electronic Warfare (EW) technologies
- Unmanned systems
- Smart materials
- Sensors and payloads
- Non-GPS-based communications and navigation systems
Founded in 2013, NUNC Capital specializes in defense technology investments. Over the past decade, it has built a focused portfolio across segments such as advanced materials, unmanned platforms, strategic procurement and logistics, and mission-critical software.
