Investor Lists

Defence Tech investors in the Nordics

Updated 7 November 2026

Firms observed backing a defence Tech company in the Nordics in the last two years, wherever the firm is based.

See all 49 →The top 25
49investors on the listNo change this week
937cheques in 12 months+7% against the market
$8.8Mmedian round they joined+9% against the market median
88%wrote a cheque in 12 months
55%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

  1. 1General CatalystDeploying nowVC firm · United States1,387$27Mmedian roundNov 2026last seen
  2. 2BpifranceDeploying nowGovernment · France1,151$4.5Mmedian roundOct 2026last seen
  3. 3Draper AssociatesDeploying nowVC firm · United States370$6Mmedian roundNov 2026last seen
  4. 4Almi InvestDeploying nowVC firm · Sweden328$1.1Mmedian roundNov 2026last seen
  5. 5BlackRockDeploying nowAsset manager · United States296$130Mmedian roundNov 2026last seen
  6. 6General AtlanticDeploying nowPrivate equity · United States273$127Mmedian roundOct 2026last seen
  7. 7In-Q-TelDeploying nowAccelerator · United States273$20Mmedian roundNov 2026last seen
  8. 8StingDeploying nowVC firm · United States219$1.5Mmedian roundSept 2026last seen
  9. 9TCVDeploying nowPrivate equity · United States200$100Mmedian roundOct 2026last seen
  10. 10Business FinlandDeploying nowAccelerator · Finland153$2.3Mmedian roundSept 2026last seen
  11. 11Lifeline VenturesDeploying nowVC firm · Finland141$5.7Mmedian roundNov 2026last seen
  12. 12InventureDeploying nowVC firm · Finland130$5.9Mmedian roundNov 2026last seen
  13. 13Seraphim SpaceDeploying nowVC firm · United Kingdom125$6.4Mmedian roundOct 2026last seen
  14. 14NATO DIANADeploying nowInvestment firm67$417Kmedian roundJul 2026last seen
  15. 1510x FoundersDeploying nowVC firm · Germany56$6.7Mmedian roundSept 2026last seen
  16. 16Propel CapitalDeploying nowAccelerator · Sweden52$996Kmedian roundSept 2026last seen
  17. 17LIFTTDeploying nowVC firm · Italy51$3.1Mmedian roundSept 2026last seen
  18. 18Voima VenturesDeploying nowVC firm · Finland47$4Mmedian roundOct 2026last seen
  19. 19Keen Venture PartnersDeploying nowVC firm · Netherlands35$9.6Mmedian roundNov 2026last seen
  20. 20Qatar BanDeploying nowGrowth equity · Qatar33$548Mmedian roundSept 2026last seen
  21. 21TesiDeploying nowGovernment · Finland29$17Mmedian roundSept 2026last seen
  22. 22NokiaDeploying nowCorporate VC · Finland21$433Mmedian roundJun 2026last seen
  23. 23DTCPDeploying nowVC firm · Germany20$50Mmedian roundSept 2026last seen
  24. 24NATO Innovation Fund (NIF)Deploying nowVC firm · Netherlands16$17Mmedian roundSept 2026last seen
  25. 25EIFO (Denmark)Deploying nowGovernment · Denmark13$16Mmedian roundOct 2026last seen
24 more on this list

All 49 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

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Quick answers about defence Tech investors in the Nordics

Who are the most active defence Tech investors in the Nordics?

By cheques observed, the most active are General Catalyst, Bpifrance, Draper Associates, Almi Invest and BlackRock.

How many defence Tech investors in the Nordics are there?

49 are on record. 88% made an investment in the last 12 months and 55% have led a round.

Which stages do defence Tech investors in the Nordics back?

Of the rounds with a named stage in the last 12 months, mostly Seed (25%) and Series A (22%).

How big are the rounds defence Tech investors in the Nordics join?

The typical (median) round among the leading investors here is $6.7M.

Which sectors do defence Tech investors in the Nordics back most?

In the last 12 months, mostly AI, Biotech and Aerospace & Space.

Which defence Tech investors in the Nordics lead the most rounds?

General Catalyst (97 led), General Atlantic (32 led) and TCV (17 led).

Where are defence Tech investors in the Nordics based?

Among the most active, most are based in the United States (7), Finland (6) and Sweden (2).

What have defence Tech investors in the Nordics invested in recently?

Recent rounds include Vensum Power (Series A, Nov 2026, with Lifeline Ventures), Ocient (Series C, Nov 2026, with In-Q-Tel) and Titan OS (Other, Nov 2026, with BlackRock).

Built from the rounds we watched, refreshed every night. How we count · Report a correction