Defence & Security

Defence & Security

In a complex and rapidly changing threat environment, providing cutting-edge capability into the defence and security sector is critical.

We invest in early-stage companies whose products and services can keep us safe, protected and ahead of the game.

Why are investors excited about Defence & Security?

Growing demand

With threats growing more frequent and more sophisticated by the day, there’s a huge demand for products and services that can protect individuals now, and in the future

Global market

Many individuals and entities across the globe now require enhanced protective solutions, making Defence and Security a hugely attractive market.

Multi-market applicability

Critical threats aren’t limited to one sector, so our solutions shouldn’t be either – we support innovations that can have multi applications, across different sectors.

Initial £400,000

in 2023 pre-seed round investment

£1.7 million

equity raised to date

Prevailing valuation:

£22.9m (2023)

£300,000

as investment lead for follow-on raise in 2024

HonuWorx

As global efforts to tackle climate change ramp up, startup HonuWorx has its sights set on subsea.

With its advanced tech, the company hopes to deliver something no other organisation has successfully achieved – subsea operations with zero emissions and zero personnel at sea.

Lee Wilson, CEO, HonuWorx said:

“We are delighted to have the backing of the UK Innovation & Science Seed Fund as we continue to hit key milestones on our mission to help support and safeguard multiple blue economy sectors. It’s fantastic to see public bodies acknowledging, and most importantly promoting, the vast range of clean energy, defence and economic advantages that working subsea presents.”

Related news articles

What game-changing innovations are out there?

How do you sell your ideas to the right market? Read on for the latest news, advice, opinions and tech emerging from the Defence and Security world.

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