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Lakestar

Lakestar

Venture Capital

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.


Recent investments

Seed
£10.4M

The seed round was led by Lakestar to accelerate development and international deployment.

"Everything around us is manufactured, from the mug on your desk to the optical cables carrying our Netflix binges. Everyone talks about the glamorous side of manufacturing: generative design, material discovery, digital twins, but few spend time on the factory floor. The hard part isn’t dreaming things up inside a computer; it’s making them work at scale. Manufacturing still runs on human know-how, the kind that lets someone on the line kick a machine just right, or run a finger over a scratch, and say, ‘that’s thirty-four microns wide.’ We’re using AI to capture and scale that tacit knowledge, so engineers can design things that actually work in the real world. It’s time to manufacture the impossible."
— Doug Brion, Co-founder and CEO
Series C
£124M

Eurazeo led the Series C financing, which will accelerate product development and international expansion.

"This new round allows us to bring forward transformational capabilities that our customers are asking for. By combining full-stack engineering with zero customer complexity, we are building advanced agentic systems powered by the industry’s richest set of real-world logistics data. This will help warehouses and supply chains shift from systems of record to true systems of action."
— Andrei Danescu
Series C
$50.0M

The oversubscribed round was led by Lakestar with participation from Perpetual Growth, CF Private Equity, Bessemer Venture Partners, and 83North.

"After spending two years perfecting our SaaS and cloud spend optimisation, achieving product-market fit and taking market share from established players, we’ve brought all of our data and insights directly into the workflow experience. All employees can now initiate any purchase, quickly, transparently and at the best price, while procurement can fully customise the workflows to their needs and embed granular approvals."
— Roy Tuvey, Founder and CEO
$8.0M

The financing round was led by.406 Ventures to support team growth and international expansion.

"Mindgard’s innovative approach, born out of the distinct challenges of securing AI, equips security teams and developers with the tools they need to deliver secure AI systems. Mindgard is well-positioned to lead this emerging market and we are thrilled to partner with them on this journey."
— Greg Dracon, Partner