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File 00 / Arrival

The world got dangerous. We got interested.

Early capital for the founders building what nations need to defend themselves.

File 01 / The World

Eleven years of rising spend. One very clear signal.

$2.887T

Schematic · 11 consecutive years of growth · not to scale

Nations spent $2.887 trillion on defence in 2025, the eleventh year of growth in a row.

Nations are spending like it's serious. Because it is.

Source: SIPRI

Draft data — verification pending

File 02 / The Rush

Then everyone wanted in.

Defence tech venture funding nearly doubled in a year. The crowd arrived. Most of the money went to companies that were already winning.

When everyone arrives at once, it's worth asking who plans to stay.

2024$27.2B
2025$49.1B
Source: Defense News / PitchBookAwaiting verification

File 03 / Two Clocks

Their money keeps one time. Defence keeps another.

In the world's largest defence market, venture investors typically need an exit within six to eight years. Major defence programmes can take more than twelve to reach initial capability.

Founders live here024681012+14YEARSVENTURE CLOCKDEFENCE CLOCK

Founders live in between.

The defence duration concerns major US programmes reaching initial capability, not every startup's first contract.

Other investors have deadlines. We have patience. It's far more dangerous.

Source: Bain / AIA, as cited by Sovereign MagazineDraft figures — verification pending
Airspace

File 04 / The Mandate

Four files. Pre-seed to Series A.

Investment terms — pending confirmation

File 05 / The Recruitment

You don't get funded. You get recruited.

  1. 01

    The Briefing

    One conversation. Tell us the version you leave out of the deck.

  2. 02

    The Decision

    A clear yes or no. A no comes with honest feedback.

    Decision timeframe: pending confirmation

  3. 03

    The Kit

    Introductions that matter, a map of the road to your first contract, and a direct line to Mr. M.

  4. 04

    The Extraction

    When a contract slips, we move first. Follow-on capital and the right phone calls.

    Support and reserves policy: pending confirmation

  5. 05

    The Long Game

    We follow on, bring in the next investors, and stay on your cap table.

We don't do first dates. We do long assignments.

File 06 / Mr. M

Mr. M prefers his work to speak for him.

He has spent a career in rooms where the stakes were high and the coffee was terrible. He still prefers the first.

  • [Years in the field]Pending confirmation
  • [Sectors or roles]Pending confirmation
  • [Verified experience]Pending confirmation

File 07 / Contact

First in.
Still here.

You didn't find this page by accident.

File 07 / Briefing sheet

Make contact.

Tell us who you are and what you're building. Keep it brief. We'll know.

Demo form — submissions are not sent.