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Archangel Ventures

Europe's next-gen defence investment platform, backing defence-first startups.

Archangel Ventures is a €50M early-stage venture capital firm founded in 2025 by Nicholas Nelson and Dr Daniel Carew, based between Tallinn, Estonia and London, UK. It is the world's only Next-Gen Defence Tech fund focused exclusively on defence-first and defence-only startups. The firm invests at pre-seed, seed, and Series A stages across Europe, with a focus on the Baltics, Nordics, and UK. Archangel leverages over 50 years of combined defence industry experience across its team, providing unmatched frontline expertise and end-user insight to portfolio companies. Backed by Superangel, a leading Baltic VC.

Overview

Firm
Archangel Ventures
Headquarters
Tallinn, Estonia / London, UK
Founded
2025
AUM
€50M
Stages
Pre-Seed, Seed, Series A
Thesis
Defence-first and defence-only early-stage startups combining software, emerging technology, and defence end-users to create deterrence and prosperity for Europe.

Portfolio companies1

Partners0

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Frequently asked

What is Archangel Ventures?
Defence-first and defence-only early-stage startups combining software, emerging technology, and defence end-users to create deterrence and prosperity for Europe.
How much does Archangel Ventures manage?
Archangel Ventures manages €50M in assets, and was founded in 2025.
What stages does Archangel Ventures invest at?
Archangel Ventures invests at Pre-Seed, Seed, Series A.

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Sources & citations1

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  1. 1

    Archangel Ventures is a €50M early-stage defence-first fund based in Estonia and UK; founded by Nicholas Nelson and Dr Daniel Carew.

    Archangel Ventures: Archangel - Europe's Next-Gen Defence Investment Platform
    Reported2026-06-30