New Defense Tech VC Funds in 2026

Monte Carlo Capital is a Monaco-based venture capital firm that invests in early-stage deeptech, AI, and space technology startups, pairing fund capital with co-investment vehicles to back founders from seed through growth.

Turbine Capital is a Stockholm-based venture capital firm investing in early-stage deeptech startups, combining capital with industrial connections and access to Sweden's top university-affiliated incubators.

Balerion Space Ventures is a Dallas-based venture capital firm investing in founders building the infrastructure of space, defense, and deep technology. The firm backs companies developing space systems, national security technology, advanced energy, autonomy, and other critical infrastructure, and has grown its assets under management past $200 million since its founding.

Snowpoint Ventures is a Palm Beach, Florida-based venture capital firm investing in dual-use technology companies that serve both government and commercial customers. The firm backs US-based businesses in data, deep tech, and frontier technology, with an emphasis on national security and societal resilience, and manages roughly $1 billion in assets across its funds.

Disruptive is a Dallas, Texas-based investment firm founded in 2012 by Alex Davis. The firm backs private technology companies operating at or near public scale, structuring each investment deal by deal rather than through a traditional blind-pool fund. Disruptive has offices in Dallas, New York, and the Middle East and employs roughly 30 people.

Linse Capital is a venture capital firm headquartered in San Juan, Puerto Rico, founded in 2015 by Michael Linse and Bastiaan Janmaat. The firm invests in deep tech companies across space, robotics, energy, mobility, defense, and AI, backing companies from seed stage through exit. Since inception, Linse Capital has raised more than $1.7 billion and invested in 23 companies, including nine growth-stage and fourteen early-stage investments.

NVM Ventures is a Rome-based venture capital platform that invests in deeptech startups with dual-use civilian and defense applications. The firm operates a multi-compartment model, with NVM Venture Lazio as its first sector-specific fund, backed by Lazio Innova, the Lazio Region's investment arm.

Anorak Ventures is a Los Angeles and San Francisco–based early-stage venture capital firm founded in 2012 by Greg Castle. The firm backs highly specialized teams building differentiated technology, with a focus on aerospace and defense, critical infrastructure, advanced manufacturing, and other frontier technology. Anorak has invested in more than 150 seed-stage companies, eight of which have reached $1 billion-plus valuations.

Eastend Ventures is an Adelaide-based venture capital firm and Australia's first Early Stage Venture Capital Limited Partnership (ESVCLP). The firm backs early-stage B2B technology companies in South Australia, Western Australia, and Queensland, regions that collectively receive less than 10% of Australia's venture capital despite holding nearly half the country's federally funded innovation centres.

Protego Ventures is an Israel-based venture capital firm investing in early-growth defense technology companies with battlefield-proven products. Founded after the October 7, 2023 attacks by Lital Leshem and Lee Moser, the Herzliya-based firm positions itself as the first and largest dedicated defense tech VC in Israel, and is notably led by two women.

Friends & Family Capital is a Menlo Park-based venture capital firm that equips founders with strategic insight, hands-on support, and financial operating expertise as they scale. Co-founded by former Palantir CFO Colin Anderson and John Fogelsong, son of IVP co-founder Norm Fogelsong, the firm positions itself as a trusted partner for founders and CFOs building out their finance functions.

IronWave is a Paris-based venture capital firm launched by former Wendel Growth executives to back mature European startups bridging the gap into traditional growth equity. The firm was formed as an independent spin-out of Wendel's in-house Growth unit, drawing on its team's track record supporting companies including Safran.AI (formerly Preligens) and YesWeHack.

EUREKA! Venture SGR is an independent Milan-based asset management company founded in 2019, supervised by the Bank of Italy and Consob. The firm specializes in deep tech and technology transfer investing, backing spin-offs, startups, and innovative SMEs developing proprietary, high-barrier-to-entry technologies for international markets. EUREKA! Venture has raised more than $215M across five funds to date.

Commonweal Ventures is a venture capital firm that invests in category-winning companies solving the country's toughest public-sector challenges. Founded by Nate Loewentheil, the firm backs founders building products where government functions as a customer, regulator, research partner, or market maker, drawing on an advisory network of former government officials, regulators, and industry operators.

Final Frontier is a Copenhagen-based venture capital firm investing in space, defence and cyber technology for European strategic autonomy. Founded by Niels Vejrup Carlsen, the firm has united with Myriad Venture Partners, co-founded by Klaus Nyengaard and Alexander Aghassipour, to operate as one combined platform under the Final Frontier brand.

Swish Ventures is an Israel- and US-focused venture capital firm founded by Omri Casspi, the first Israeli-born NBA player. The firm backs early-stage technology companies and has grown to approximately $800 million in assets under management across three funds.

North Karelia Growth Fund II is a regionally focused venture vehicle managed by Redstone, a Berlin-based multi-strategy European VC firm founded in 2014. Based in Joensuu, eastern Finland, the fund backs early-stage companies in the North Karelia region, building on Redstone's first North Karelia vehicle launched in 2020.

Industrial47 is a Bengaluru-based pre-seed venture fund founded by Rahul Seth, backing early Indian founders building in space, defense, energy, and other deep-tech categories central to the country's industrial buildout. Seth founded the firm in 2024 after serving as a Director at Antler VC's India office and as an officer in the Indian Army Reserves.

Silent Ventures is an early-stage venture capital firm based in Dallas, Texas, founded in late 2022 by Jackson Moses. The solo-GP firm invests primarily at the concept, pre-seed, and seed stages in founders building aerospace, defense, national security, and deep tech companies. Its portfolio includes 14 disclosed defense and deep tech unicorns, among them Anduril, Saronic, Castelion, Hadrian, Armada, and Voyager Technologies (NYSE: VOYG). Silent Ventures closed an $85 million Fund II in 2026, anchored by GPx, the fund-of-funds vehicle run by Founders Fund Partner Emeritus Brian Singerman and Quiet Capital's Lee Linden.

K2 Global is a venture capital firm founded in 2015 by solo venture capitalist Ozi Amanat, with a presence across Silicon Valley, Singapore, and Miami. The firm invests in private technology companies from seed through growth stage, with a long-standing focus on internet, software, and technology-enabled businesses. K2 Global has built concentrated positions in category-defining companies and has backed firms including Uber, Spotify, Alibaba, Airbnb, Palantir, Coinbase, and OpenAI.

Primo Capital is a Milan-based multi-strategy venture firm managing funds across space, climate, health, and digital sectors. Its space investment strategy, launched in 2020 with Primo Space Fund, established it as the first European venture capital fund dedicated entirely to the space economy. Primo Space Fund invested in 19 companies across 6 countries, with portfolio companies raising over $525M in follow-on capital, generating over $126M in revenues, and reaching a cumulative enterprise value of $1.4B. Primo Space 2 is the successor fund, expanding mandate to include dual-use and defense applications alongside civil space technologies.

Lakestar is a Zurich-based venture capital firm founded by Klaus Hommels, one of Europe’s most prominent technology investors. The firm is known for its early investments in global leaders such as Spotify, Revolut, and Skype. Lakestar manages multiple funds across Europe and invests in both early and growth-stage companies with a strong focus on transformative technology sectors. Over the years, it has become one of Europe’s leading venture firms with a reputation for backing ambitious founders building globally scalable businesses.

Expeditions is a Warsaw and London-based early-stage defense technology venture firm founded in 2021 by Dr. Mikolaj Firlej and Stanislaw Kastory, both early researchers and pioneers in autonomous warfare and defense technology. The firm is one of Europe's most active investors in defense tech, having backed the majority of the most well-funded defense startups on the continent. Fund I's performance places Expeditions in the top 0.01% of venture funds globally based on Cambridge Associates benchmark data. Fund II closed at more than double its initial target.

B Capital is a New York-based global multi-stage investment firm founded in 2015 by Eduardo Saverin (co-founder of Facebook), Raj Ganguly (former Bain Capital executive), and Howard Morgan (co-founder of Renaissance Technologies and First Round Capital). The firm manages more than $12 billion in assets under management across multiple funds, with offices across nine locations in the US and Asia.

Cantos is a San Francisco and Los Angeles-based pre-seed and seed venture firm founded in 2016 by Ian Rountree, built around the conviction that the most consequential companies of this century will be built in and around the physical world.

8VC is an Austin, Texas-based early-stage venture firm founded in 2015 by Joe Lonsdale, Drew Oetting, and Alex Kolicich, three partners who collectively built or co-founded Palantir, Addepar, OpenGov, Epirus, and Saronic. The firm describes itself as "a different kind of VC firm" and operates both as a traditional investor and an internal venture studio, co-founding companies from scratch through its Build Program rather than waiting to back them.

Vicus Ventures is a New York and San Francisco-based seed venture firm founded by brothers Raj Singh Sandhu and Sunny Singh Sandhu in 2024. The name comes from the Latin word for village, a nod to the founders' Punjabi roots and their belief that the best companies are built with a village of support. The fund was deliberately capped at $55M in homage to Punjab, known as "the land of five rivers."

Osney Capital is a London-based venture firm founded by Joshua Walter, Adam Cragg, and Paul Wilkes, the UK's first dedicated cybersecurity seed fund. The firm focuses exclusively on early-stage UK cybersecurity companies, backed by a thesis that AI-driven threats, rising demand for sovereign cyber capability, and an accelerating vulnerability exploitation cycle are creating the conditions for a new generation of global category winners to be built from the UK. The fund is accredited by the UK's National Security Strategic Investment Fund (NSSIF) and backed by the British Business Bank.

Discipulus Ventures is an El Segundo, California-based pre-seed venture firm founded by Jakob Diepenbrock. The firm backs the earliest-stage founders building hardware, defense technology, energy, manufacturing, mining, and critical infrastructure for America. Discipulus operates a cohort residency model, relocating promising founders to El Segundo and running them through an intensive in-person program embedded in one of the densest hardware and defense-tech clusters in the country. The firm has run five cohorts under its inaugural $9M fund, and closed a $30M oversubscribed second fund in June 2026.

Deep33 Ventures is a specialized venture capital firm established in 2026 to address critical infrastructure bottlenecks within the global artificial intelligence boom. The firm focuses on the "US-Israel allied infrastructure corridor," linking Israeli deep tech engineering with American industrial and governmental demand. Deep33 operates on an expert-led model, drawing its leadership from elite military technology units and serial entrepreneur backgrounds to guide companies from the post-research stage to large-scale commercial breakthroughs.

Stratos Ventures is an Israeli-American defense tech and resilience venture fund founded in 2026 by Rotem Yehuda Kakon, Aviad Grinfeld, and Daniel Fouzailov, operating between Tel Aviv and Miami. The fund backs pre-seed and seed stage Israeli and Israel-connected founders building technologies that reinforce national security, digital sovereignty, and operational resilience for democratic societies. Stratos has active partnerships with the Israeli Ministry of Defense, the U.S. Department of Defense, and NATO's DIANA accelerator program, and operates in the US in partnership with The LAB Miami, providing portfolio companies with access to DOW, CENTCOM, and the Port of Miami.

Banner VC is an Austin, Texas-based early-stage venture firm co-founded in August 2025 by Brooks Morgan and Adam Ramada, both former prominent staffers at the Department of Government Efficiency (DOGE) under Elon Musk. The firm raised a $225 million debut fund confirmed via SEC filings in June 2026, one of the largest debut venture funds raised in recent memory, alongside a separate $75 million co-investment vehicle used to co-lead a funding round in orbital infrastructure startup Impulse Space.

Anti Fund is a San Francisco-based venture and growth investment platform founded in 2021 by Geoffrey Woo and Jake Paul, with Logan Paul joining as General Partner in December 2025. The firm operates a barbell strategy: Venture I backs technical founders at the earliest stages, before a category has consensus recognition, while the newly closed Growth I concentrates capital into companies converting technical insight into institutional-scale value. With the close of Growth I, total firm AUM now exceeds $180 million.

Gardar is a Norwegian defense technology fund launched in June 2026 to back early-stage Ukrainian defense tech startups. The fund was established with the support of Sandwater, a Norwegian early-stage VC with $466M+ in AUM, alongside Ferd AS, one of Norway's largest family-owned investment groups, and Munkene, a Norwegian volunteer investor organization focused on supporting Ukraine. Gardar operates on Sandwater's venture platform, benefiting from its infrastructure and operational expertise. The fund takes its name from two Old Norse roots: Gardariki, the Old Norse name for the territory encompassing modern Ukraine, and gardar, meaning stronghold or settlement, both fitting references for a fund built around Ukraine's defense innovation ecosystem.

Longwall Venture Partners LLP is a UK specialist deeptech venture capital firm founded in 2008, based on Harwell Science and Innovation Campus in Oxfordshire. Over nearly two decades, the firm has built a track record of turning complex, early-stage UK science and engineering research into commercially viable global businesses, investing across life sciences, physical sciences, advanced manufacturing, clean energy, and defence and aerospace. Longwall has backed more than 50 deeptech companies across its four funds.The firm's first fund, Oxford Technology ECF LP (OTECF), was one of the first investors in OrganOx when it spun out of Oxford University in 2008. OrganOx was acquired by Terumo Corporation in 2025 for over $1.5B, the largest acquisition of an Oxford University spinout to date, delivering a 19.2x return for Longwall's investors. OTECF has to date returned 6x to private LPs across five exits.

Lansdowne Partners is a London-based investment management firm founded in 1998, known for fundamental equity investing across long-only and hedge fund strategies. In May 2026, the firm launched its first dedicated venture capital fund, a significant strategic expansion into early-stage investing, backed by the firm's existing track record as an informal early funder of the UK innovation ecosystem over the past decade. The VC fund is built on a core conviction that UK intellectual property is systematically undervalued relative to international peers, and that a concentrated, institutionally-backed vehicle deploying substantial capital with disciplined strategic guidance can bridge the persistent gap between early-stage UK innovation and global commercial scale.

Loom Ventures is a Vienna-based early-stage corporate venture fund launched in May 2026 by STRABAG, one of Europe's largest infrastructure and construction groups. The fund is operated through STRABAG Venture Capital GmbH, a wholly-owned independent subsidiary endowed with ~$52.8M USD (€48M) in initial share capital, and is positioned as a purely financial investor with no strategic mandate, an unusually founder-friendly structure for a corporate vehicle. The fund targets European InfraTech.

Front Ventures AB is a Stockholm-based listed investment company specialising in early-stage defence technology in Sweden and Ukraine. Founded in 2012, the company originally backed fintech, enterprise software, and blockchain businesses before pivoting to defence in August 2025 under new CEO Jonas Malmgren.

Surround Ventures is an Israeli-American early-stage venture capital firm investing in deep tech startups, with a focus on companies founded by alumni of Israel's elite military technology units and leading academic institutions. The firm operates at the intersection of Israeli defense and academic innovation, and supports portfolio companies globally through business development and strategic positioning. The firm manages two funds and has received backing from the Israel Innovation Authority's Deep Tech Venture Capital Program.

Refactor Capital is an early-stage venture capital firm founded in 2015 by Zal Zally, a former a16z partner who helped launch the firm's first Bio Fund. Prior to a16z, Zal spent a decade in product roles, including on YouTube's early monetization team and as Netflix's first Head of Mobile. He also had a stint as a founder. Refactor is deliberately structured as a solo GP firm, one investor, no partners, no associates, no investment committee, built around the conviction that founders deserve direct, immediate access to the person writing the check. Ten years and five funds later, the firm manages ~$300M in AUM and has backed six unicorns.

​Founders Fund is a San Francisco-based venture capital firm established in 2005 by Peter Thiel, Ken Howery, and Luke Nosek. With approximately $12 billion in assets under management as of 2023, the firm is renowned for backing transformative technologies and has been instrumental in the early funding of companies like SpaceX, Palantir Technologies, and Facebook.

Off Piste Capital is a Stavanger, Norway-based solo GP venture firm founded in 2026 by Max Samuel. Samuel spent seven years at Thiel Capital, Peter Thiel's private investment office in San Francisco and Los Angeles, before moving to Norway in 2020 and joining SNÖ Ventures as General Partner for five years, where he invested across the Nordics and Europe. Off Piste is built around a distinctive sourcing position: deep embeddedness in the Thiel ecosystem, including PayPal Mafia, Thiel Fellowship, Founders Fund, SpaceX, Palantir, and Anduril alumni networks, combined with on-the-ground proximity to European founders who want a direct line to US capital, customers, and talent.

Iron Nation is a venture capital firm with offices in Israel and the US Midwest, founded in the aftermath of October 7, 2023. The firm closed Fund II at $60 million and is built around the thesis that Israel's deepest crisis has also created its most concentrated pool of engineering talent, defense expertise, and entrepreneurial urgency. Iron Nation backs Israeli founders and companies across cybersecurity, AI, medtech, defense technology, and deeptech, with a dual mandate to support Israeli innovation while connecting it to the US Midwest through a unique LP relationship with the State of Indiana.

Overmatch Ventures is an Austin-based early-stage venture capital firm founded in 2023 to back founders building deep tech, defense, and space technologies. With more than $500 million in assets across its fund vehicles and co-investments, the firm operates at the intersection of advanced commercial innovation and the U.S. national security mission, backing founders it views as critical to the outcome of the global competition among superpowers.

Pax VC is a San Francisco-based early-stage venture capital firm founded in 2026 by Michelle Volz, formerly a Partner on the American Dynamism team at Andreessen Horowitz. Fund I closed at $50 million in March 2026, oversubscribed, raised in approximately 12 months by a solo GP. The firm is built around a thesis the firm calls Pax Technica: that the next era of American global leadership will be rooted in technical superiority of the physical world, not software-on-software optimization. Pax backs founders building in defense, energy, manufacturing, aerospace, robotics, logistics, space, and critical infrastructure, sectors that represent the largest portions of GDP but have historically been avoided by venture because of regulatory complexity and long development cycles.

Scout Ventures is a venture capital firm based in Austin, Texas, focused on backing founders who are building transformative technologies for national security and defense. Founded with a mission to bridge the gap between innovative entrepreneurs and the needs of government and defense customers, Scout has become a specialized investor in the dual-use technology ecosystem.

NordSpace Ventures is the venture capital and strategic investment division of NordSpace Corp., a Canadian aerospace company founded in 2022 and headquartered in Markham, Ontario. Launched publicly in February 2026, it is the first corporate venture fund formed by a space technology startup, and operates with an explicit mandate to build Canada's sovereign space and defence industrial base by backing domestic companies that would otherwise have had to look outside the country for capital and strategic support. The division represents a new model for the Canadian space ecosystem: one where a vertically integrated launch and space systems company also invests directly in the technology providers and strategic partners that together form the backbone of sovereign Canadian space capability.

Seraphim Space is a London-based investment firm founded in 2016 and dedicated exclusively to the SpaceTech sector. It operates as a fully integrated platform spanning the entire innovation lifecycle, from early-stage venture funds and an accelerator program to a publicly listed growth vehicle on the London Stock Exchange. Since its founding, Seraphim has backed 149 companies across 33 countries, with portfolio companies collectively raising more than $10 billion and nine reaching unicorn status.

Also Capital is an early-stage venture firm founded by Mike Annunziata and based in New York City, focused on backing engineering-led founders tackling hard technical problems before markets are well defined or consensus has formed. The firm operates with a concentrated, high-conviction approach, running a small portfolio where each investment receives deep, hands-on support from day one.

MASNA Ventures is a newly launched venture capital firm focused on defense technology, created by American entrepreneur Lucien Zeigler. The firm is positioning itself at the intersection of US allied defense innovation and Saudi Arabia’s push to localize military manufacturing. MASNA aims to become the first defense-focused VC fund anchored in Saudi Arabia with a cross-border mandate.

Navam Capital is a Kolkata based deeptech venture capital firm backing IP differentiated and science driven innovation across India. The firm targets founders developing advanced technologies with strong defensibility and long term industrial relevance. Navam invests early and supports technical teams building products at the intersection of research, engineering, and frontier industry needs.