NUNC Capital


A privately owned European investment and venture-building firm (founded 2013, based in Amsterdam) that invests in, builds, acquires, and scales companies developing defense and dual‑use technologies. The firm focuses on operationalizing technologies for allied and NATO-relevant missions across domains including advanced materials, artificial intelligence, electronic warfare, unmanned systems, quantum technologies, and related sensor and communications capabilities.

Industries

Angel Investment
Venture Capital
Venture Capital and Private Equity Principals

Nr. of Employees

small (1-50)

NUNC Capital


Products

€20M Ukraine Venture Building Initiative

A €20 million early-stage program to invest in and support Ukrainian defense technology startups, including establishing a forward operating presence to source and support local innovation.

Portfolio company commercial and industrial partnerships

Support for local assembly, sustainment, workforce training and industrial partnerships to enable in-country manufacturing and sustainment of deployed systems.


Services

Early-stage venture building and acceleration for defense startups, moving technologies from prototype to deployment with operational user engagement and investment.

Investment and scaling support for established companies that deliver proven defense capabilities across critical domains, enabling independent operation with shared expertise.

Aggregation of specialized providers offering intelligence, systems integration, design support and strategic advisory to enable execution across defense programs.

Expertise Areas

  • Venture building for defense and dual-use technologies
  • Defense investment and company scaling
  • Advanced materials development
  • Artificial intelligence for defense applications
  • Show More (4)

Key Technologies

  • Advanced materials
  • Artificial intelligence / machine learning
  • Electronic warfare
  • Unmanned systems (UAS/robots)
  • Show More (6)

News & Updates

Participation and presence at the Netherlands Industry for Defence & Security exhibition in November 2025.

Partnership and participation in the European Defense Tech Hackathon events (Amsterdam 2025 and Kyiv 2025).

Announcement of appointments of a new COO and CFO to support operational expansion and professionalization of the fund.

Partnership to run and support a hackathon focused on defense technology challenges including counter-drone, GNSS-denied navigation, electronic warfare and demining.

Launch of a €20M initiative to invest in Ukrainian defence startups with a forward operating presence to support local innovators.

Announcement of an MOU to establish local assembly, sustainment and training capacity in Belgium.

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