VENTURE
STUDIO FUND

Resilience & Defence Technology

Partner with us and the €30m venture studio fund to create an ecosystem for dual-use tech, resilience, and the protection of critical infrastructures.

Partner With Us
€30m
Fund Size
~15
Target Portfolio
4
Expert Partners
2 Tracks
Build + Invest
Partners PwC / Strategy& Bridgemaker Segenia Capital
The Landscape
Europe's Security Landscape Has Fundamentally Changed

Europe faces structural challenges in defence innovation — but the market response is creating unprecedented opportunity for investors and builders.

€ 8.7 bn

Defence startup funding in 2025, 4× growth in 5 years

€ 800 bn

EU military modernization initiative until 2035

5% GDP

NATO defence spending target for all members

Defence technology
Value Proposition
Why Partner With Us?

By combining PwC's industry access, Bridgemaker's entrepreneurial experience, Segenia Capital's VC expertise and operational excellence from LPs.

Collaborative Venturing

Develop cutting-edge technologies and new business models that strategically expand your core operations.

Financial Returns

Create profitable businesses that deliver VC-like returns and shape the European market into a sovereign sphere.

Strategic Returns

Early access to disruptive innovations, curated deal flow, co-investment opportunities and privately hosted events.

Partnership
Innovation Focus
The Rising European Resilience & Defence Market Is Being Transformed by Emerging Technologies

Focus area selection will be finalised with partners alongside their needs & general market insights.

C4ISR

Secure Communication & Networking

  • Tactical communications
  • Encrypted & resilient network connectivity
  • Satellite connectivity

AI-Enabled Intelligence & Decision Systems

  • Real-time data analysis
  • Mission planning software
  • AI-based situational awareness

ISR & Sensor Systems

  • Multi-domain sensing
  • ELINT, radar, acoustic
  • Sensor fusion & data aggregation

Space & Strategic ISR Infrastructure

  • Satellite communications
  • Space-based surveillance

Critical Infrastructure & Cybersecurity

Cyber Defence & Zero-Trust Architecture

  • Network security
  • OT/ICS cybersecurity
  • Intrusion detection

Infrastructure Monitoring & Protection

  • Grid monitoring
  • Industrial IoT security
  • Perimeter & access control

Energy & Grid Resilience

  • Energy storage
  • Micro-grids
  • Backup & redundancy systems

Secure Digital Infrastructure

  • Cloud resilience
  • Edge computing
  • Quantum-safe encryption

Focus area selection will be finalised with partners alongside their needs & general market insights.

How It Works
Hybrid Innovation Model

Two tracks — venture building and venture investment — powered by deep screening and scaled for growth.

1

Ideation & Screening

Evaluation of high-potential ventures through market access, expertise, and outstanding industry networks.

Track 2a

Venture Building

Build ~10 new ventures with serial entrepreneurs through institutionalized processes.

Track 2b

Venture Investment

Invest in ~5 startups with deep industry validation and VC excellence.

3

Scale & Growth

Driving enterprise value through operational excellence, market access, and exit channels.

Innovation lab
Our Combined Track Record
We Combine Our Forces to Create a Unique Growth Initiative

The combined expertise of PwC/Strategy&, Bridgemaker, Segenia Capital and our LPs creates an unparalleled foundation.

4,000+
Defence & Resilience experts across Europe
50+
Ventures built & launched internationally
85%
Of top 100 A&DS firms working with us
1,000+
Startups in Scale Program (€13bn)
100+
Founders sourced & implemented
Press Release — Feb 12, 2026

Technological Sovereignty for Europe: PwC, Bridgemaker and Segenia Capital launch Venture Studio

PwC Deutschland, the venture builder Bridgemaker, and Segenia Capital jointly initiate the Venture Studio: Resilience & Defence Technology.

Read on pwc.de
Join the Mission
Build the Next Generation of
Sovereign European Resilience

Whether you're a strategic investor or a defence tech startup — let's build the future of European resilience together.

Florian Nöll

Partner, PwC
+49 160 905 91673 florian.noell@pwc.com

Sebastian Esser

Partner, Bridgemaker
+49 151 625 10737 sebastian.esser@bridgemaker.com