NUNC Capital, an Amsterdam-based investment firm, has launched a €20 million Venture Building Initiative aimed at enhancing the collaboration between Europe's defense markets and Ukraine's defense sector. This initiative includes establishing a Forward Operating Base in Ukraine, focusing on innovations in electronic warfare, unmanned systems, and more. CEO Bram Oostvogel emphasized their commitment to addressing Europe's critical capability gaps, especially in light of recent geopolitical tensions, while harnessing the rapid advancements in Ukraine's defense innovations.
Since 2013, NUNC Capital has invested in innovative defence solutions. Recent geopolitical developments on the world stage have led us to decide to expand our field of work to Ukraine to contribute, create and cooperate with local defence startups.
We intend to address critical capability gaps in Europe while leveraging Ukraine's accelerated battlefield innovation. This aligns with the recent calls in Europe urging the mobilisation of private funding and better utilisation of existing financial instruments.
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