Front Ventures raises €5M to back defence tech innovation in Ukraine

Stockholm-based defence-focused investment company Front Ventures has raised €5 million through an oversubscribed rights issue of B-shares, with the raise subscribed to 278 per cent. The company backs early-stage defence technology companies developing operationally relevant systems in Ukraine and Sweden. The round included participation from all major shareholders, including CEO Jonas Malmgren and board member and former CEO Johan Lund, alongside new investor Roglar Holding, which brings produc