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Venture capital

Poland

Expeditions

Investment focus

Sectors

Investment stages

Geographic focus

Europe

Investment thesis

Writes €2M-€15M at seed to Series B for European defence and dual-use tech, backed by both the NATO Innovation Fund and the Polish Development Fund. One of the fastest-growing defence tech VCs in Europe. Best for founders building dual-use technology in CEE or broader Europe who need an investor with direct NATO and government procurement relationships.

Typical check size

€2M – €15M

Fund size: €100M first close Fund II (2025); backed by NATO Innovation Fund + Polish Dev Fund

Browse similar check sizes →

Portfolio highlights

WB Electronics - Polish defence electronics and communications systems

Saab Digital Air Traffic Solutions - aviation security and surveillance

Creotech Instruments - Polish satellite and quantum computing technology

Contact

Poland

Research with AI

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Pitch guides

Learn what Expeditions and similar investors look for:

Cybersecurity pitch guide AI pitch guide

More investors in Poland

bValue bValue Fund Cogito Capital Partners Innovation Nest View all in Poland

Related resources

Seed fundraising guide Seed pitch deck guide Series A fundraising guide Series A pitch deck guide Series B fundraising guide Glossary: Term sheet

More Defence investors

Air Street Capital EIFO NATO Innovation Fund Omnes Capital View all Defence investors