Ex-NSSIF and Molten Ventures Leaders Launch New Defense Fund

Sifted reports that the former Managing Partner of the UK's National Security Strategic Investment Fund (NSSIF) and the former CEO of Molten Ventures are launching a new investment fund. This initiative will focus on investing in Series A and B dual-use technology companies, a sector that encompasses both civilian and military applications. This venture represents a significant development within defense-focused venture capital, drawing upon the expertise of individuals with considerable experience in both defense and venture capital. The establishment of this fund signals a burgeoning opportunity and increasing investor interest in dual-use technologies. Such technologies typically possess substantial commercial potential alongside strategic advantages for national security. By targeting Series A and B funding rounds, the fund will concentrate on scaling companies that have already achieved product-market fit and are seeking capital for accelerated growth. This strategic approach has the potential to unlock new avenues for innovation and investment in a critical industry.