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National Security Strategic Investment Fund
National Security Strategic Investment Fund is a other headquartered in United Kingdom (Europe). Ranked #231 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- The National Security Strategic Investment Fund (NSSIF) was established in 2018 as a joint initiative between the UK Government and the British Business Bank.
- It functions as the government's corporate venture capital arm, focusing on dual-use advanced technologies.
Source of Capital
- The fund is backed by the UK Government.
- As of June 2023, the NSSIF has committed £220m to funds supported by the British Business Bank.
Major Events
- The UK's 2021 Integrated Review of Security, Defence, Development and Foreign Policy included an expansion of the NSSIF to further invest in companies addressing national security and defence capability requirements.
Allocation Strategy
- The fund's primary focus is on venture capital investments in early-stage companies.
- It targets UK-based companies developing advanced technologies with dual-use applications, meaning they have potential for both commercial and national security use.
- The NSSIF invests commercially alongside private sector investors, who have contributed £718m alongside the fund's investments as of June 2023.
Sources
- https://www.british-business-bank.co.uk/for-financial-advisors/equity-finance/national-security-strategic-investment-fund
- https://questions-statements.parliament.uk/written-questions/detail/2023-11-24/3591
- https://www.linkedin.com/pulse/european-sovereign-funds-turning-defence-dual-use-big-matt-kuppers-cowxe
- https://www.business-money.com/announcements/british-business-bank-welcomes-outcome-of-integrated-review/