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Home»Venture Capital
The investment team at Expeditions celebrating the successful closure of their second fund.

Expeditions Secures €197M to Boost Defence and Deep Tech

7 July 2026 Venture Capital No Comments2 Mins Read
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Strategic Capital Injection for European Deep Tech

Expeditions, a dual-headquartered firm operating out of Warsaw and the United Kingdom, has announced the successful closure of its second investment vehicle. The firm surpassed its original target of €150M, reaching a final total of €197M. This significant milestone underscores the growing investor appetite for deep tech and defence innovation across Europe.

High-Profile Backing and Strategic Vision

The funding round attracted a consortium of elite institutional and strategic investors. Notable participants include BAE Systems and Keysight Technologies, both of which bring extensive industrial expertise to the firm’s portfolio. Furthermore, the inclusion of the NATO Innovation Fund highlights the critical role Expeditions plays in fostering dual-use technologies that align with regional security and technological sovereignty requirements.

Accelerating Growth in Defence Sectors

Dailyza understands that this capital will be deployed to support early-stage ventures working on complex hardware and software solutions. By bridging the gap between academic research and commercial application, Expeditions aims to scale companies that address modern infrastructure challenges. The firm remains committed to its strategy of identifying high-potential startups that can survive in highly regulated environments. As the venture capital landscape shifts toward tangible industrial outcomes, the success of this fund reflects a broader trend of institutional capital flowing into sectors that provide long-term utility to the United Kingdom and its international allies.

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Kenyon Shah
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