National Security Strategic Investment Fund
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Investment Portfolio


Optera raises £3m in funding led by Future Planet Capital to track fast-moving objects in space with neuromorphic sensors
Optera develops neuromorphic, event-based sensors and AI analytics that detect, track and characterise high-velocity objects in space. Its architecture captures only changes in a scene rather than full frames, reducing data and power requirements and enabling persistent operations on the ground and in orbit.


Archangel Lightworks raises £10m Series A led by Santander Alternative Investments for space-to-ground laser communications
Archangel Lightworks builds laser communication systems that connect space-based networks with infrastructure on the ground. Its deployable optical ground station enables high-speed, secure data transfer for applications such as connectivity, monitoring, and communications.


Mutable Tactics lands a £1.6m pre-seed round led by Seraphim Space for autonomous drone coordination when communications fail
Mutable Tactics develops software that enables unmanned systems such as aerial, maritime and ground drones to operate and coordinate even when communications or GPS are unreliable. Its decision-layer software translates a commander’s intent into locally executable actions so multiple drones can operate together as a coordinated team.


Refute lands a £5m seed round led by Amadeus Capital Partners to counter disinformation and hybrid warfare threats
Refute builds technology to identify and respond to online disinformation campaigns. It provides organisations with intelligence and response guidance to manage reputational and security risks.


Optalysys raises £23m in a Series A extension led by Northern Gritstone to challenge conventional computing with photonic chips
Optalysys builds photonic computing chips that process and move data using light, aiming to overcome power and performance limits of electronic computing for AI, encryption and next-generation cloud workloads.


Delta.g secures £4.6m seed round led by Serendipity Capital to deploy quantum sensors for subsurface mapping
Delta.g develops quantum gravity sensors that deliver high-resolution subsurface mapping, enabling better decision-making across infrastructure, energy, defence and environmental monitoring without invasive surveys.


Space Forge raises £23m Series A led by NATO Innovation Fund to scale returnable satellite manufacturing platform
Space Forge designs returnable satellites for manufacturing advanced materials in space, using microgravity conditions to produce high-performance components for semiconductors, energy and defence applications.
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More venture news
- 15 Jun 2026

OpteraOptera raises £3m in funding led by Future Planet Capital to track fast-moving objects in space with neuromorphic sensors
EquityDefence - 11 Jun 2026

Friday4:30Friday4:30 lands £335k in funding from Haatch for incident response software for food and drink brands
EquitySupply Chain - 12 Jun 2026

Spotless WaterSpotless Water secures £6.4m in funding led by YFM Equity Partners for its UK-wide network of pure water refill stations
EquityIndustrial