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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
£3.0M

The seed round was led by IQ Capital and Lakestar to commercialise the Lancaster University spin-out's enterprise security software for artificial intelligence.

"Currently, Mindgard is deployed by key intelligence organisations around the world to assess, detect, and respond to AI issues and attacks as they happen. With this seed funding, Mindgard now becomes available to enterprises that need to protect their operations against the rapidly-evolving AI threat landscape. We are defining and driving the security for AI space, and believe that Mindgard will quickly become a must-have for any enterprise with AI assets."
— Peter Garraghan, chief science officer
Series A
£15.0M

Atomico led the Series A round with participation from existing investors including Lakestar, Kindred, and Maersk Growth.

"For those operating warehouses, ensuring 100% fulfilment ‘in time, all the time’ is crucial to meeting the demands of the modern consumer. A critical component to achieving this is high stock accuracy, but staff shortages, manual processes, and the speed demanded by customers means that critical decisions across the supply chain are currently being taken blindly,"
— Andrei Danescu
$78.0M

The round was led by Balderton Capital and Lakestar with backing from a broad syndicate of funds and angel investors.

"We started an energy company because it can solve two of the world’s greatest problems: rising energy prices and climate change. While at Revolut, we saw how ageing incumbents and broken business models held the system back and how modern technology and an open-minded approach helped consumers worldwide. The energy industry plays a fundamental role in people’s lives yet regularly leaves customers dissatisfied. It is ripe for disruption in the same way as the banking sector was."
— Alan Chang
Series A
$12.0M

The London-based studio secured backing from Lakestar and Project A to expand its team and scale the launch of Sunshine Days.

"I’m thrilled on behalf of my whole team that I get to share this funding news today. At Netspeak, we strive to get past our industry’s obsession with the latest trend or newest technology and make games that truly express the potential of our medium – by building worlds our players will want to spend time in by giving them tools to express and explore their identities and by creating experiences that they can share with friends, old and new."
— Callum Brighting, CEO
Seed
£10.6M

Lakestar led the seed round, with backing from Maersk Growth, Kindred Capital, and Capnamic, to fund international expansion and product development.

"BotsAndUs is already paving the way for artificial intelligence and robotics to completely transform logistics. Our integrated AI and robotics platform is helping companies boost their performance and unlock their full potential. We’re confident we can make our vision a reality: transforming logistics on a global scale with real time data to eliminate errors and enhance performance across all steps"
— Andrei Danescu, Co-founder and CEO