Ukraine continues to attract foreign investments in the defense tech sector. The Dutch investment company NUNC Capital has announced the creation of a new venture fund, investing €20 million in the development of startups and technologies for the defense sector.
Forward Operating Base: new opportunities for defense tech
The Forward Operating Base project, operating in Ukraine, will focus on funding and supporting startups in the following areas:
- electronic warfare;
- unmanned systems;
- development of smart materials;
- communication and navigation in GPS-denied environments.
Why is NUNC Capital investing in Ukraine?
According to CEO of NUNC Capital Bram Oostvogel, the geopolitical situation prompted the company to expand its operations in Ukraine. They aim to bring in fast and innovative solutions to strengthen Europe’s defense capabilities.
Prospects for defense tech in Ukraine
The defense tech sector in Ukraine is rapidly growing, with over 1,500 companies already existing. The collaboration with NUNC Capital will further deepen this trend and create new opportunities for the production of modern defense solutions.
