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Fund II close announced
Expeditions closes its second fund at €197 million, oversubscribed from a €150 million target, with BAE Systems, NATO Innovation Fund, and operator LPs.
Fund II close announced
Expeditions closes its second fund at €197 million, oversubscribed from a €150 million target, with BAE Systems, NATO Innovation Fund, and operator LPs.
Expeditions founded
Dr Mikolaj Firlej and Stanislaw Kastory launch Expeditions to invest at the intersection of security and deep tech.
Expeditions founded
Dr Mikolaj Firlej and Stanislaw Kastory launch Expeditions to invest at the intersection of security and deep tech.
For startup founders and VCs, the €197M Fund II from Expeditions signals a record capital pool for European defence tech. Backed by BAE, NATO, and operator LPs from Skype, Wise, Bolt, and Snowflake, it targets dual-use technologies at the early stage.
A €197M fund from BAE-backed Expeditions aims to close Europe's critical capability gaps, with space technology a key dual-use focus. The fund plans to back up to 40 early-stage companies, reducing reliance on non-European suppliers.