Lakestar recently closed a $300m fund named Resilience I focused on defence and dual-use technology, with a portfolio including Helsing, Tekever, ARX Robotics, and Isar Aerospace.
Portfolio
22
companies
AGORA
AGORA operates a social commerce platform that enables beauty fans to monetise their video content and connect with brands.
AccuRx
AccuRx develops clinical software to combat anti-microbial resistance.
Agon
Agon builds artificial intelligence training infrastructure for defence applications.
Blockchain.com
Blockchain.com provides a platform for buying, holding, and using digital assets.
BotsAndUs
BotsAndUs builds autonomous mobile robots and AI software to automate warehouse logistics.
Cambridge Aerospace
Cambridge Aerospace builds low-cost air defence systems and interceptors for military forces.
ClearGlass Analytics
ClearGlass Analytics provides a digital data platform that uncovers hidden asset management costs for pension funds.
Colossyan
Colossyan develops artificial intelligence video generation software for workplace training programmes.
Cosine
Cosine develops sovereign artificial intelligence models designed for regulated and sensitive institutional environments.
Dexory
Dexory provides autonomous robotics and data intelligence platforms for warehouse operations.
Eigen Technologies
Eigen Technologies provides natural language processing software to extract unstructured data for enterprises.
Firenze
Firenze provides embedded finance infrastructure for Lombard lending in the wealth management sector.
Fyxer.ai
Fyxer.ai builds artificial intelligence assistants to manage administrative tasks for professionals.
Juno
An employee benefits platform enabling staff to choose personalised perks.
Matta
Matta builds industrial artificial intelligence to help factories monitor, interpret, and optimise production in real time.
Mindgard
Mindgard provides automated red-teaming and security platforms to help enterprises safeguard artificial intelligence systems.
Netspeak Games
Netspeak Games develops remote-first multiplayer titles designed to foster community and creativity.
Rvvup
Rvvup builds next generation payments infrastructure bridging centralised and decentralised finance.
Streetbees
Streetbees gathers real time consumer insights through a global network of smartphone users.
Tesseract
Tesseract develops a vertically integrated green energy platform to supply cheaper electricity directly to consumers.
Vertice
Vertice develops an artificial intelligence powered platform for procurement and spend management.
Yapily
Yapily supplies open banking infrastructure for digital financial services.
Stephen Nundy
Partner and Chief Technology Officer
Christoph Schuh
Partner
Christoph is a partner at Lakestar. He holds board and investor roles at Dexory, Condo Group, Streetbees, Impala, and sennder.
LinkedIn
Mika Salmi
Managing Partner
Mika brings investment experience from Lakestar alongside board and advisory roles at INSEAD, FEED.FM, and Hagerty.
LinkedIn
Klaus Hommels
Founder and Chairman
Klaus chairs Lakestar and holds board seats at Isar Aerospace, the Munich Security Conference, and SumUp. He previously chaired the NATO Innovation Fund and served on the board of Neko Health.
LinkedInOliver Heimes
Partner
Oliver is a partner at Lakestar. His background includes research at Harvard Business School and investment banking analysis at Goldman Sachs.
LinkedInNicolas Brand
Partner
The Series A round was led by Album VC with participation from Karma Ventures,.406 Ventures, Atlantic Bridge, IQ Capital and Lakestar.
"AI is creating an entirely new attack surface, and organisations need a fundamentally different approach to securing it. We don’t just automate attacks. We operationalize expertise, turning the knowledge of leading AI security researchers and offensive security practitioners into the capabilities every enterprise needs to secure their AI"
The $300m Series C values the defence tech startup at $3.4bn following backing from DFJ Growth.
"This raise is testament to the incredible work of the entire Cambridge Aerospace team. The addition of these funds will allow us to continue to scale our manufacturing and our delivery to meet the pace of threats, and the needs of Allied nations,"
The funding round was backed by Lakestar, Lux Capital, Northzone, and XYZ.
The funding follows the assembly of a coalition of major British institutions to co-design a domestic AI model.
"AI is the single most important technology of our generation. Enterprises are increasingly waking up to the risk of being wholly dependent on foreign providers for this technology. Vendor lock-in creates security risk, dependency risk, and cost escalation risks,"
The British Business Bank has backed the warehouse robotics provider as part of its recent Series C round.
"The UK consistently produces companies with market-leading technology, which need greater domestic backing to scale globally. The Bank is stepping up to ensure companies like Dexory have the capital they need to innovate and expand here in the UK. We are working with fund managers to create deeper pools of capital and are increasing the scale of our co-investing activity, which directly increases the size of funding rounds for high-potential UK companies."
