Most Active Seed Investors in Defence & Resilience — Europe

Ranked on a balanced score: recorded activity, recency, whether the fund leads rounds, and cheque depth — so conviction counts, not just volume. All lists →

1 LC Lux Capital £1M – £20M 0 deals since 2022 · 13 in last 12 mo recorded International 2 General Catalyst £500k – £2M 117 deals since 2022 · 16 in last 12 mo recorded International 3 Airstreet Capital £1M – £2M 9 deals since 2022 · 5 in last 12 mo recorded 4 Project A Ventures £1M – £10M 28 deals since 2022 · 7 in last 12 mo recorded 5 Lakestar £100k – £70M 20 deals since 2022 · 7 in last 12 mo recorded 6 UI UK Innovation & Science Seed Fund (UKI2S) up to £1.5M 0 deals since 2022 · 16 in last 12 mo recorded 7 Alpine Space Ventures £850k – £4.3M 0 deals since 2022 · 1 in last 12 mo recorded 8 HV Capital £400k – £40M 0 deals since 2022 · 4 in last 12 mo recorded 9 Baobab Ventures £240k – £280k 0 deals since 2022 · 2 in last 12 mo recorded 10 OTB Ventures (undisclosed) 0 deals since 2022 · 1 in last 12 mo recorded 11 201 Ventures £200k – £1.2M 0 deals since 2022 · 0 in last 12 mo recorded 12 Expansion Ventures (undisclosed) 0 deals since 2022 · 0 in last 12 mo recorded 13 Twin Track Ventures £150k – £500k 0 deals since 2022 · 0 in last 12 mo recorded

Ranking: a balanced score over validated deal pace (log-scaled), 12-month recency, lead-investor record and cheque depth capped at early-stage scale, with a damping term for 30+ deals/yr volume models — so conviction counts, not just cheque count. Concept Ventures built this tool and appears on every pre-seed list.

Dedicated Defence & Resilience specialists

Funds whose mandate centres on defence and resilience — shown regardless of recorded deal volume.

Airstreet Capital
£1M – £2M · London, UK201 Ventures
£200k – £1.2M · Madrid, SpainAlpine Space Ventures
£850k – £4.3M · Munich, Germany

A free founder resource from Concept Ventures — Europe's largest pre-seed fund. Pitch Concept →