Investing in
Security & Sovereignty.
Specialist growth equity for defence, space and critical infrastructure, led by investors with a record of scaling and exiting mission-critical companies in these markets.
We back companies whose technologies underpin allied security and national resilience, from defence and space systems to critical infrastructure capabilities. We invest where demand is structural, policy-anchored and visible in procurement, offering disciplined growth equity rather than momentum-driven capital.
Defence.
Next-generation systems, sensing, autonomy and secure communications that strengthen allied operations, deterrence and decision-making.
Space.
Space-based intelligence, surveillance, communications and navigation that support defence missions and critical national infrastructure.
Infrastructure.
Technologies that protect and modernise energy, cyber, transport, maritime and industrial systems essential to national resilience, often with dual-use commercial and defence applications.
Security and resilience are emerging as an institutional asset class, sitting beyond venture and adjacent to private equity. Fulcrum is an institutional, policy-anchored growth equity platform, combining sector investing experience, operator expertise and deep policy insight to back proven companies as they scale across Europe and NATO markets.
Proven sector investors.
Our partners have originated, led and exited investments in defence (4x CoC), dual-use and critical-infrastructure companies. We bring realised outcomes and pattern recognition from transactions in these markets, not just thematic exposure.
Disciplined equity strategy.
We focus on companies with proven technology, initial commercial traction and clear visibility on scaling, typically post-revenue, selling into defence, government or regulated customers and approaching or expanding beyond first material contracts.
Embedded in ecosystems.
We are integrated into defence, security and industrial communities, working with former senior ministers, national security advisors, operators, founders and industry builders to source opportunities and support portfolio companies.
Regulatory & procurement.
We help management teams navigate export controls, security clearances and defence procurement processes, including ITAR, CFIUS, FOCI and European FDI regimes, which are often decisive in value creation and exit.
