Interview

September 19, 2025

Ex-NSSIF and Molten Ventures investors pair up for new defence fund to back Series A and B dual-use tech

The pair believe that “stage is the biggest gap” in defence right now.


Anne Sraders

3 min read

Former managing partner of the NSSIF Hugo Jammes. Courtesy of Jammes.

The former managing partner of the UK’s highly-secretive National Security Strategic Investment Fund (NSSIF) is partnering up with the ex-CEO of British public VC firm Molten Ventures for a new dual-use fund aimed at filling the funding gap for more mature defence startups. 

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Anne Sraders

Anne Sraders is a senior reporter at Sifted, based in Berlin. She covers the venture capital industry and deeptech startups, including robotics, spacetech and defence tech. She also writes Sifted's weekly VC newsletter Up Round. Follow her on X and LinkedIn

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