Fundraising Fox

Expeditions

Venture capital

Warsaw · Seed–Series B · 8 people tracked

Find your way into Expeditions

2,036 people in our graph share verified history with the Expeditions team — schools, employers, funds. One of them is your warm intro.

David Phuunlockedknows Ewa Milewska · together at PwC (overlapped)
×6knows the team · via PwC
knows the team · via University of Cambridge
knows the team · via University of Oxford
knows the team · via Università Bocconi
knows the team · via Erasmus University Rotterdam
Fox Verdict
Sign up to see your fit

Investment thesis

Expeditions backs early-stage startups at the intersection of security and deep technology, with a focus on Europe. Founded by researchers and pioneers in the future of warfare and defence, the firm argues that Europe faces mounting threats — war on its borders, energy dependency, technology gaps, cyberattacks, disinformation and drone warfare — that demand urgency. It believes closer civil-military collaboration can spark a new industrial renaissance, fusing Europe's defence needs with its talent and entrepreneurial energy. Expeditions aims to break down institutional resistance and drive policy changes so exceptional European founders can build the architecture of Europe's security and restore its economic and strategic power.

Source: firm website, verified Aug 7, 2026.

Stage
Seed–Series B
HQ
Warsaw, PL
Leads rounds
Leads
Instruments
Equity
Founded
2021
Last 12 months
5 investments
Tracked investments
60

Team · 8 people

from the firm's website & public directories

What they invest in

from 33 of 60 portfolio companies

AI & Machine Learning ×21Defense Tech ×16Deep Tech ×13Cybersecurity ×10Data & Infrastructure ×8Hardware ×8Enterprise Software ×6Robotics ×6

HQs:United States×7France×4United Kingdom×3Canada×2Germany×2Estonia×1

Who they back

founder profiles across 16 portfolio companies
44%
solo founders
7 of 16 mapped founding teams
59%
repeat founders
of 27 founders with career history

Founding team size:solo founder×72 founders×33 founders×34+ founders×3

Where their founders studiedfrom 23 founders with education data

Stanford University Graduate School of Business ×2University of Oxford ×2

Where their founders worked beforefrom 27 founders with career history

Facebook ×4

Accelerator rootsportfolio companies that came through a program

Y Combinator ×2

9 founders hold a PhD (of 24 with degree data)

Investments · 60 tracked

founders shown can be your intro path

By year:2026 · 52022 · 12021 · 17 dated

Alpine Eaglealpineeagle.comin

Alpine Eagle is a European defence technology company that develops airborne counter-UAS (c-UAS) systems to protect critical assets and personnel from autonomous drone threats.

Deep TechDefense TechHardwareRoboticsMunich, DE

Co-investorsHCVCGeneral CatalystIQ Capital

AMI Labsamilabs.xyz

AMI Labs develops advanced AI systems that understand the real world through world models and action-conditioned architectures, enabling intelligent agents with persistent memory, reasoning, and safety controls for industrial automation, robotics, and healthcare applications.

AI & Machine LearningDeep TechRoboticsParis, FR

Yann LeCun(Founder)Alex LeBrun(Founder)inLaurent Solly(Founder)inMichael Rabbat(Founder)inPascale Fung(Founder)inSaining Xie(Founder)in

Co-investorsAglae VenturesAlpha Intelligence CapitalAvenir Growth CapitalDaphnifirstminute capitalGreycroft+16 more

Arsenals AIarsenals.ai

Co-investorsKima VenturesOVNI Capital

Blackwall
Botguardblackwall.comin

Blackwall provides GateKeeper, a high-availability web security and traffic-filtering solution for web hosting and service providers, operating as a reverse proxy with a web application firewall to block L7 DDoS attacks, bots, brute-force attempts, and scraping.

Cloud ComputingCybersecuritySaaS

Co-investorsMMC VenturesTera VenturesDawn Capital

Calypsocalypsoai.comin𝕏acquired by F5

AI & Machine LearningCybersecurityEnterprise Software

Neil Serebryany(Cofounder)

Co-investorsCyber Mentor FundDay One VenturesFrontline VenturesHakluyt CapitalManta Ray VenturesPaladin Capital Group+2 more

Cambridge Aerospacecambridgeaerospace.com

Steven Barrett(Founder)in

Co-investors7percent VenturesAccelEntropy Industrial CapitalLux Capital9Yards Capital

Comand AI
Comand AI Acquiredcomand.aiin

Comand AI builds Prevail, an AI-native operating workspace for defense and security headquarters that integrates across C2 platforms to support military planning tasks such as mission analysis and terrain analysis while keeping officers in command.

AI & Machine LearningDefense TechGovTechParis, FR

Marie I(Founder)Quentin Le Pape(Founder)inLoïc Mougeolle(Founder)in

Co-investorsFrst

Disruptive Industries
Disruptive Industries Acquireddisruptive-industries.ioin

Disruptive Industries develops technology for proactive threat attribution and discovery, enabling organizations in defense, government, and corporate sectors to identify threats before they materialize and uncover patterns in open-source intelligence that others overlook.

AI & Machine LearningCybersecurityData & InfrastructureDefense TechEnterprise Software

Dominion Dynamicsdefendthedominion.comin𝕏Jun 2026 · $139M

Dominion develops autonomous systems and command-and-control platforms for defense and critical infrastructure operations in remote, harsh environments like the Arctic.

AI & Machine LearningDefense TechWaterloo, CA

Co-investorsOMERS VenturesBessemer Venture PartnersDeloitte VenturesGeorgianLakestarValor Equity Partners

Dominion Dynamicsdominion-dynamics.comin𝕏Jun 2026 · $139M

Dominion Dynamics develops autonomous systems for defense and critical infrastructure operations in remote, infrastructure-constrained environments like the Arctic.

AI & Machine LearningDeep TechDefense TechWaterloo, CA

Eliot Pence(Founder)in

Co-investorsBCIBessemer Venture PartnersGarage CapitalGolden VenturesGeorgianLakestar+3 more

Dynamicsdynamicsinc.comJun 2026

Cheswick, US

Jeffrey D. Mullen(CEO, President and Treasurer)inNorman E. O'Shea(VP, Chief Production Officer)Ross C. Wilkin(Chief Financial Officer)Jonathan L. Beaver(Chief Architect)John T. Mazock(Chief Manufacturing Officer)inBenjamin C. Cupp(VP, Information Technology)

Co-investorsAdams Capital ManagementBessemer Venture PartnersCapital FactoryFounders FundMaC Venture CapitalValor Equity Partners

EGIDE
EGIDE Acquiredegide-tech.comin

EGIDE develops mass-deployable, networked effectors for defense, starting with air-defense systems against suicide drones.

AI & Machine LearningDefense TechHardware

Co-investorsHeartcore Capital

Fiat Republicfiatrepublic.comin

Fiat Republic provides fiat payment infrastructure for crypto platforms, connecting them to a network of crypto-friendly banking partners through a single API with virtual IBANs, automated reconciliation, and built-in compliance.

Crypto & Web3Data & InfrastructureFintech

Adam Bialy(Founder)in

Co-investorsFabric VenturesInovo VCSoftBank Investment Advisers’ Emerge ProgramCredo VenturesKraken VenturesPretiosum Ventures+1 more

Frankenburg
Frankenburg Technologiesfrankenburg.techin𝕏

Frankenburg Technologies develops affordable, mass-manufacturable guided missile systems and counter-drone platforms for European defence.

Advanced ManufacturingDeep TechDefense TechHardwareRiga, LV

Kusti Salm(Chief Executive Officer & Founder)inTaavi Madiberk(Chairman of the Supervisory Board)in

Gambit Cyber
Gambit Cyber Acquiredgambitcyber.orgin

Gambit Cyber provides a continuous threat exposure management (CTEM) platform that helps organizations identify and validate security gaps and attack paths through automation and real-world threat simulation.

AI & Machine LearningCybersecuritySaaSThe Netherlands, NL

Horizon Quantum
Horizon Quantum Acquiredhorizonquantum.comin𝕏

Horizon Quantum builds software infrastructure and programming tools to enable developers to apply quantum computing to complex computational problems.

Deep TechDeveloper ToolsQuantum ComputingSingapore, SG

Dr. Joe Fitzsimons(Founder & CEO)

Co-investorsPeak XV PartnersSummer CapitalAbies VenturesDCVC (Data Collective)

Januus
Januus Acquiredjanuus.io

Co-investorsDigital Currency GroupMD One Ventures

Labrys
Labrys Acquiredlabrys.techin

Labrys Technologies is a UK-based defence technology company that builds digital verification infrastructure for contested environments.

Crypto & Web3CybersecurityDeep TechDefense TechUnited Kingdom, GB

Royal Marines and British Army veterans (unnamed)

Co-investorsAlbionVCMarque VenturesMD One VenturesProject A VenturesSuperAngel

Laelaps AI
Laelaps AI Acquiredlaelaps.aiin

Laelaps AI develops autonomous security systems built on quadrupedal robots, combining robotics, machine learning, and visual intelligence into a real-time security platform.

AI & Machine LearningCybersecurityRobotics

Sophia(Head of Commercialisation & Strategy)inMaria(Head of Autonomy & Robotics)Rokas(Head of Visual Intelligence & Infrastructure)in

Larxlarx.ioin𝕏

Larx builds a decision intelligence platform, offered via an API and a natural language interface, with edge-ready deployment options.

AI & Machine LearningData & InfrastructureDeep TechDefense TechEnterprise Software

Tad Mielnicki(Founder)in

Co-investorsEvolution VC PartnersFulcrum VentureREFASHIOND Ventures

Lendurai
Lendurai Acquiredlendurai.comin

Lendurai develops computer vision and machine learning software that lets unmanned aerial vehicles (UAVs) operate without GNSS or radio control.

AI & Machine LearningDefense TechRoboticsTallinn, EE

Siim Maivel(Founder)in

Co-investorsHCVC

LYSK
LYSK Acquiredlysk.aiin

Lysk is a European defense technology startup building modern software designed for hostile environments, bringing cloud infrastructure practices in security and networking to European armies.

AI & Machine LearningDeep TechDefense TechParis, FR

Mangopay
Mangopay Acquiredmangopay.comin𝕏

Mangopay provides flexible wallet infrastructure and payment solutions for online platforms and marketplaces to manage global money movement.

FintechMarketplacesSaaS

Co-investorsAdvent InternationalNAP

Molecule ONEmolecule.oneinApr 2021

Molecule.one applies machine learning to chemical synthesis, predicting synthetic routes and supporting chemistry research with an in-house synthetic and analytical laboratory.

AI & Machine LearningBiotechDeep TechDover, US

Pawel Wlodarczyk-Pruszynski(Executive Officer, Director)Piotr Byrski(CEO & Co-founder)inStanisław Jastrzębski(CTO & Chief Scientist & Co-founder)inPaweł Włodarczyk-Pruszyński(Engineering Fellow & Co-founder)in

BoardDominik Andrzejczuk(Director)

Co-investorsFf Venture CapitalSunfish Partners

Nethone MangoPaynethone.comin𝕏

Nethone provides an AI-powered fraud detection and prevention platform that analyzes user behavior and risk signals across multiple channels to protect e-commerce, fintech, gaming, and travel platforms from fraud and unauthorized transactions.

AI & Machine LearningCybersecurityFintech

Co-investors3VC

NU Quantum - companynu-quantum.com

Nu Quantum develops quantum networking solutions to enable commercial quantum computer scaling.

Deep TechHardwareQuantum ComputingCambridge, GB

Carmen Palacios-Berraquero(Founder)in

Co-investors7percent VenturesAhren Innovation CapitalAmadeus Capital PartnersEMV CapitalIQ CapitalMartlet Capital+4 more

Oblivious Acquiredoblivious.comin𝕏

Oblivious builds privacy-enhancing software that enables organizations to perform secure data collaboration and deploy services while maintaining data sensitivity.

AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareDublin, IE

Jack Fitzsimons(Co-founder)Robert Pisarczyk(Co-founder)in

Co-investorsAct Venture CapitalACT Venture CapitalAcurio VenturesAtlantic Bridge VenturesCavalry VenturesFirestreak Ventures+2 more

Onodrim
Onodrim Acquiredonodrim.com

Co-investorsAir Street CapitalIron Wolf Capital

Orasio
Orasio Acquiredorasio.comin

Orasio develops computer vision technology that analyzes video streams in real-time to detect and extract actionable intelligence while maintaining compliance with European data protection standards.

AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareGovTech

Co-investorsFrst

Orqaorqafpv.cominMar 2026

Orqa manufactures the MRM2-10, an NDAA-compliant, EU-made dual-use drone platform built from carbon fibre that carries payloads up to 3.5 kg for tactical and commercial operators.

ConsumerDeep TechDefense TechHardwareRoboticsOsijek, HR

Srdjan KovacevicinIvan JelusicinVlatko Matijevicin

Co-investorsBooz Allen VenturesDay One CapitalRadius Capital VenturesTaiwania CapitalLightspeed Venture Partners

Peripheryperiphery.securityin

Periphery develops embedded security technology to protect cyber-physical systems in critical infrastructure from sophisticated threats.

AI & Machine LearningCloud ComputingCybersecurityDefense TechDeveloper ToolsIoTLondon, GB

Toby Wilmington(Founder)inKane Ryans(Chief Technology Officer)in

Co-investorsAmadeus Capital PartnersTechstars

Project Q
Project Q Acquiredproject-q.ai

Project Q builds Hydris, an Apache 2.0 open-core control plane that integrates heterogeneous sensors, systems, and effectors across air, land, sea, and space into a single taskable picture and exports to any battle management or C2 system.

Deep TechDefense TechIoTBerlin, DE

Co-investorsProject A VenturesSuperAngel

Segmedsegmed.aiin𝕏Oct 2022

Segmed provides structured, de-identified medical imaging data and multimodal datasets from diverse populations to support research in AI and healthcare.

AI & Machine LearningData & InfrastructureDigital HealthHealthtechMedical DevicesSan Francisco, US

Martin Willemink(Co-founder)inJie Wu(Founder)inMarinus Johannes Willemink(Executive Officer, Director)Wojciech Adam Koszek(Executive Officer, Director)Cailin Hardell(Founder)Cailin Kramer(Founder)in

Co-investorsBlumberg CapitalMighty CapitalNina CapitalNovaCapitalSouth QuadY Combinator+2 more

Sky Spy
Sky Spy Acquiredskyspy.aiin

Sky Spy develops signals intelligence (SIGINT) technology for real-time RF tracking in contested electromagnetic environments on the battlefield.

Deep TechDefense TechHardware

Co-investorsSunfish Partners

Sygaldry
Sygaldry Technologiessygaldry.comin𝕏Mar 2026

Sygaldry develops quantum-accelerated AI servers that combine multiple qubit modalities to speed up training and inference for AI models.

Advanced ManufacturingAI & Machine LearningHardwareQuantum ComputingAnn Arbor, US

Chad Rigetti(Founder)inIdalia Friedson(Founder)in

BoardChristian Garcia(Director)inAndrew Sather(Director)inMichael Keiser(Director)

Co-investorsEarth Venture CapitalGarage CapitalMVP VenturesPage One VenturesQubits VenturesSquareOne Capital+8 more

Synnada
Synnada Acquiredsynnada.aiin𝕏

Synnada is an AI infrastructure company building tools for running persistent, continuously operating agent systems in production, including Mithril (an ML compiler), Tenet (multi-cloud deployment for AI workloads), and Agentia (a runtime for persistent agents).

AI & Machine LearningData & InfrastructureDeveloper ToolsSan Francisco, US

Mehmet Ozan Kabak(Founder)in

Co-investors500 Emerging Europe

Synthesized Acquiredsynthesized.ioin𝕏

Synthesized creates governed, production-realistic test data from sensitive enterprise systems for software validation, migrations, and AI-agent testing.

AI & Machine LearningData & InfrastructureEnterprise Software

Co-investorsFounders FactoryFounders Factory NYIA Seed VenturesIQ CapitalMundi VenturesDeutsche Bank+3 more

Twin Prime
Twin Prime Acquiredtwinprime.aiin𝕏

New York City, US

Drew Calcagno(Founder)

UFORCE
UFORCE Acquireduforce.comin

UFORCE manufactures unmanned military systems including naval, ground, and aerial drones for defense applications.

Defense TechHardwareRobotics

Oleksiy Honcharuk(Co-founder)inDenis Smetnev(Founder)inRoman Pertsovskiy(Founder)in

Co-investorsAndreessen HorowitzICONIQBallistic VenturesIron Wolf CapitalLakestarShield Capital

Exits · 1

IPOs and acquisitions across the tracked portfolio

Calypsoacq. by F5

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Expeditions made?
Expeditions has 58 tracked investments, 1 of which have exited via acquisition or IPO, including 2 dated in the last 24 months.
What stage does Expeditions invest at?
Expeditions invests at the Seed, Series A, Series B stages.
What sectors does Expeditions focus on?
Expeditions focuses on AI & Machine Learning, Cybersecurity, Deep Tech, Defense Tech, Fintech, Hardware, Quantum Computing.
Where is Expeditions located?
Expeditions is headquartered in Warsaw, PL.
Does Expeditions lead rounds?
Yes, Expeditions leads investment rounds.
Who does Expeditions co-invest with?
Expeditions most often shares deals with Amadeus Capital Partners, OVNI Capital, Project A Ventures, among 91 tracked co-investors.

Images

Expeditions photoExpeditions photo

Similar investors

Featured in lists