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Introduction

Ukraine Defence Tech Fund

A Luxembourg AIF platform channelling European institutional capital into battlefield-validated defence and dual-use innovation.

ConfidentialFor Qualified Investors OnlyLuxembourg AIF · Formation Stage · 2026

A disciplined bridge between Ukrainian strategic innovation and European institutional capital.

A Luxembourg platform investing in Ukraine's defence innovation and dual-use technology — providing institutional investors with governed, compliant, and scalable exposure to one of Europe's most strategically relevant opportunity sets.

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01 — Investment Thesis

Three convictions underpin the platform.

01

Battlefield-Validated Innovation

Ukrainian defence and dual-use technologies are iterated under live operational conditions. What ships is what works — compressing the gap between R&D and proven utility that institutional investors typically pay heavily to close elsewhere.

02

Structural Capital Scarcity

The market is underserved by institutional capital due to complexity, not lack of opportunity. Pricing power sits with disciplined providers of structured European capital able to navigate regulatory and operational realities.

03

Luxembourg-Structured Access

A purpose-built AIF platform provides institutional investors with the governance, legal architecture, and regulatory framework required to participate at scale — translating local opportunity into investable structure.

02 — Investment Strategy

A multi-channel platform across complementary instruments.

Investing where wartime validation evolves into long-term industrial and commercial value — bridging local opportunity and institutional capital through structure, geography, and underwriting discipline.

Type I

Private Debt

Structured credit for mature defence and dual-use companies
  • Financing for production, working capital, and export-related scaling
  • Visible revenues and contracts as primary underwriting criteria
  • De-risking via export-credit structures or contractual cash-flow visibility
Type II

Venture & Growth Equity

Backing scalable defence and dual-use innovation
  • Focus on Seed to Series A and later-stage growth equity
  • Targeting companies with product validation, grants, and military testing
  • Emphasis on dual-use technology with international and NATO market potential
03 — Relevant Counterparties

Who this platform may be relevant for.

Institutional Investors

Pension funds, insurance, and sovereign vehicles seeking structured exposure to allied defence and dual-use technology.

Family Offices

Private capital with conviction in strategic, geopolitical, and asymmetric opportunities navigated with discipline.

Strategic Capital

Industrial and defence groups seeking co-investment, pipeline access, and ecosystem proximity.

Sector-Aligned Partners

AIFMs, depositaries, sourcing partners, and structuring counterparties with complementary mandates.

04 — Engage

Initiate a confidential conversation.

The full briefing environment — thesis detail, strategy, sector focus, structure, risk framework, and document room — is available to qualified investors on request.

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