About NIF
NIF is a venture capital firm founded in 2023. It is primarily based out of Amsterdam, Netherlands. As of Jul 2026, NIF is an active investor, having invested in 19 companies, with 9 new investments in the last 12 months. It primarily invests in Series A round in United Kingdom based startups. Its investments are spread across a wide range of sectors from High Tech to Aerospace, Maritime and Defense Tech and Enterprise Applications. Most recently it participated in the $***** Series A round of Greenjets Overall, NIF portfolio has seen 2 unicorns, namely Tekever and Kraken Technology Group. A lot of funds co-invest with NIF, with names like British Business Bank sharing a substantial percentage of its portfolio. NIF has team of 25 people including 12 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 2 more
Portfolio Unicorns
Deals in last 12 months
NIF's List of Top Investments
NIF has a portfolio of 19 companies, including 2 unicorns. Their most notable investments are in ARX Robotics and Portal Biotech.Their portfolio spans across United Kingdom, Germany, Finland and 3 more locations. They have invested in High Tech, Aerospace, Maritime and Defense Tech, Enterprise Applications and 8 other sectors, across stages such as Series A, Seed and 2 more. Here is the list of top investments by NIF:1. Tekever
Manufacturer UAVs and software products for military and enterprise applications. Its drones include fixed-wing and one quadcopter models. These UAS are specifically designed for anti-terrorist surveillance, battleground ISTAR, and environmental surveillance. It also offers an AI-enabled aerial data analytic platform. It caters to military, marine, and GIS industries.
Key facts about Tekever
- Founded Year: 2001
- Location: Lisbon (Portugal)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $96.8M
- Employee Count: 925 as on Jul 31, 2026
- Investors: Baillie Gifford, Ventura Capital and 7 Others
- Latest Funding Round: Series B, May 06, 2025, $*****
- Highlight: Editors' Pick
2. Fractile
Developer of AI chips for running large AI models. The company develops data center LLM inference accelerator for models with billions or hundreds of billions of parameters
Key facts about Fractile
- Founded Year: 2022
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $260M
- Employee Count: 116 as on Jul 31, 2026
- Investors: Felicis Ventures, Accel and 22 Others
- Latest Funding Round: Series B, May 13, 2026, $*****
- Highlight: Editors' Pick
3. Greenjets
Developer of electric jet engines for sustainable aviation propulsion systems. The company’s patented engine technology increases aircraft safety and reduces noise. Their ducted architecture offers efficiency and speed. An integration team assists customers in matching a propulsion system to mission requirements. The company supplies propulsion systems to airframe manufacturers.
Key facts about Greenjets
- Founded Year: 2005
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $47.5M
- Employee Count: 106 as on Jul 31, 2026
- Investors: Blossom Capital, Tanglin Venture Partners and 16 Others
- Latest Funding Round: Series A, Jul 17, 2026, $*****
4. SatVu
Provider of satellite-based thermal imaging systems. It offers Earth observation technology designed to capture mid-wave infrared imagery and video at high resolution, enabling monitoring of heat emissions across urban areas, infrastructure, and natural environments. Its data platform supports applications such as energy efficiency assessment, climate monitoring, industrial activity tracking, and environmental risk management, serving governments, businesses, and research organizations.
Key facts about SatVu
- Founded Year: 2016
- Location: London (United Kingdom)
- Stage: Series B
- Total Funding till date: $122M
- Investors: Ridgeline, Molten Ventures and 22 Others
- Latest Funding Round: Series B, Feb 17, 2026, $*****
- Highlight: Editors' Pick
5. STARK
Developer of AI-enabled, software-defined unmanned systems for defense and military applications. The company designs unmanned systems to meet modern conflict demands. It focuses on technological superiority and mass deployability to deter aggression. The company collaborates with allied militaries, testing systems under operational conditions. This feedback drives innovation to equip forces with relevant technology.
Key facts about STARK
- Founded Year: 2024
- Location: Berlin (Germany)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $634M
- Employee Count: 152 as on Jul 31, 2026
- Investors: Sequoia Capital, Air Street Capital and 11 Others
- Latest Funding Round: Series C, Jun 23, 2026, $*****
- Highlight: Editors' Pick
NIF's Year-on-Year Investment Trends
In 2025, it made 8 investments, while as of Jul 2026, it has made 9 investments in this year. Its most recent first time investment was in Greenjets and most recent follow-on round was in STARK.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 7 | 2 | 9 |
2025 | 6 | 2 | 8 |
2024 | 6 | 0 | 6 |
NIF's Investments by Stage
NIF has made 8 investments in Series A stage with an average round size of $27.9M, 6 investments in Seed stage with an average round size of $8.26M, 3 investments in Series B stage with an average round size of $96.7M and 2 investments in Series C stage with an average round size of $65.9M.Stage of entry | No. of Investments |
|---|---|
Series A | 8 |
Seed | 6 |
Series B | 3 |
Series C | 2 |
Note: We have considered here, only first round of investments
NIF's Investments by Sector
NIF has a diverse portfolio, with companies operating in the High Tech, Aerospace, Maritime and Defense Tech, Enterprise Applications, Industrial Goods and Manufacturing and Semiconductors. Notably, it has invested in 16 Enterprise (B2B) companies, 16 Tech companies, 10 Tech hardware companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 13 |
Aerospace, Maritime and Defense Tech | 11 |
Enterprise Applications | 3 |
Industrial Goods and Manufacturing | 2 |
Semiconductors | 2 |
Others | 8 |
Note: We have considered here, only first round of investments
NIF's Investments by Geography
NIF has made most investments in United Kingdom (11), followed by Germany where it has made 4 investments.Country | No. of Investments |
|---|---|
United Kingdom | 11 |
Germany | 4 |
Finland | 1 |
Italy | 1 |
Portugal | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
NIF's recent investments
NIF has made 9 investments in 2026 so far. Greenjets and Kraken Technology Group are the latest among them.Here are the most recent investments by NIF:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 17, 2026 | United Kingdom | Series A | 1490 | [+3] | |
Jul 09, 2026 | United Kingdom | Series B | 6498 | [+12] | |
Jun 23, 2026 | Germany | Series C | 2912 | [+6] | |
May 27, 2026 | United Kingdom | Series A | 6197 | [+3] | |
Apr 14, 2026 | Finland | Series A | 3003 |
Unicorns in NIF's Portfolio
NIF has 2 unicorns in its portfolio - Kraken Technology Group and Tekever. The most recent unicorn in their portfolio is Kraken Technology Group. It became a unicorn in 2026.Here is a list of unicorns in NIF's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Manufacturer of autonomous unmanned surface vehicles and artificial intelligence maritime systems | 2021 | London | Series B | skuagfp | ||
65 | Manufacturer UAVs and software products for military and enterprise applications | 2001 | Lisbon | Series B | ccxlwyu |
Team profile of NIF
NIF has a team of 25 members including 12 Partners and 2 Principals located in United Kingdom, Netherlands and 3 more locations. NIF's team does not sit on the board of any company as of now.Here is a list of top team members in NIF:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | United Kingdom | - | - | |
Partner | Eindhoven | - | - | |
Partner | Amsterdam | - | - | |
Partner | Norway | - | ||
Partner | Amsterdam | - | - | |
Partner | San Francisco | - | ||
Partner | London | - | - | |
Partner | London | - | - | |
Partner | - | - | - | |
Partner | The Hague | - | - |
Co-investors of NIF
Over the past 2 years, 176 investors have co-invested in NIF's portfolio companies. This includes funds and angels.
- Invested before NIF: Europa, Gov and 74 others have invested in rounds before NIF. There are 2 companies where Europa has invested before NIF and 2 companies where Gov has invested before NIF.
- Top Co-investors of NIF: 76 investors entered a company along with NIF. These include investors like British Business Bank (4 companies).
- Invested after NIF: A total of 24 investors have invested in NIF's portfolio after their investments. Top Investors include Founders Fund (2 companies), Aria (1 company) and Pat Gelsinger (1 company).
Recent News related to NIF
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Selling to the UK MoD is full of friction for defence startups; but it doesn’t have to be like thatResilience Media•Jul 29, 2026•NIF
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Greenjets Secures €35 Million Series A Funding with NATO Backing for Aerospace PropulsionEU-Startups•Jul 17, 2026•NIF, Blossom Capital, Greenjets, Accel
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Kraken Technology Group Secures €152.9M Series B, Becomes Maritime Defence UnicornEU-Startups•Jul 10, 2026•NIF, Kraken Technology Group, SmartCap, Speedinvest and 8 others
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Germany Defence Technology Startup STARK Raises $568 Million in New Funding RoundCaproasia•Jun 24, 2026•STARK, Founders Fund, Sequoia Capital, Peregrine.io and 7 others
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RevEng.AI Raises $15 Million to Secure Software Supply Chains with Binary AnalysisSiliconAngle•May 27, 2026•RevEng.ai, NIF, Sands Capital, IQ Capital and 3 others
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Bridging the Gap: Kelluu’s Airships Sit Between Drones and SatellitesDRONELIFE•Apr 14, 2026•Kelluu, NIF
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Kelluu Raises €15M To Build Europe’s Persistent Aerial Intelligence LayerStartup Rise EU•Apr 14, 2026•Tesi, NIF, Kelluu, Keen Venture Partners and 1 other
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Fractile in talks with Accel to raise $200M at $1B valuation as UK‑based NVIDIA alternativeTech Funding News•Mar 31, 2026•NIF, Fractile, Oxford Science Enterprises, Accel
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NATO Innovation Fund Backs SatVu in £30M Raise to Expand Thermal Imaging ConstellationNew Electronics•Feb 18, 2026•NIF, SatVu, Presto Tech Horizons, Sparks Asset Management and 2 others
