

Joy Laoun
News Editor, Vestbee

The fund’s LPs include the European Investment Fund (EIF) and CDP Venture Capital Sgr.

The fresh 55 North fund received backing from Novo Holdings, EIFO, Vsquared Ventures, Cambium Capital, and strategic support from key industry partners.

The new fund saw support from banks, development finance institutions, pension funds, insurance companies, and family offices.

In 2025, Europe raised $1.5B for defence tech, yet the US still captures 85% of NATO’s defence VC. What does the funding landscape reveal, and why does the US remain so far ahead?

The round was led by Prague-based JSK Investments Group, the investment firm founded by Simona Kijonková.

The round was led by Lightspeed Venture Partners, with participation from EWOR, and Entourage.