Active

Expeditions Fund

Investor type

VC / Family office

Founded

2021

AUM

$120 M

Location

Warsaw, Masovian Voivodeship, Poland

Investment Ticket

$10-50 m

Investment Stage

Series A Seed Pre-seed Late Stage (Series C+)

Region of investment

Europe North America Asia
Investor profile last updated: 21 August, 2026

Profile

Expeditions Fund is a venture capital investor based in Warsaw, Poland and London, United Kingdom. Founded in 2021 by Mikołaj Firlej and Stanisław Kastory, the firm focuses on European security and defence innovation. The team consists of experts in security, deep tech, and venture capital, bringing experience from academia, government advisory, and military service. Their approach emphasizes backing entrepreneurs in developing technology that secures Europe's future.

The firm invests in defence and dual-use technology companies, focusing on sectors such as cybersecurity, AI, quantum technology, and communications. It targets early-stage companies, deploying capital across North America, Europe, and Asia regions. While the total assets under management are not disclosed, Expeditions Fund's strategic partnerships and influence in policy drive its investments.

Notable companies in Expeditions Fund's portfolio include Blackwall - cybersecurity solutions, Cambridge Aerospace - aeronautics tech, Nu Quantum - quantum communications, and Orasio - AI-driven platforms. These investments reflect the fund’s focus on transformative technologies in defense and deep tech sectors.

Industry

Business Services (B2B) Biotechnology Quantum Computing Defense Cybersecurity AI Aerospace Robotics SaaS Security Software Financial Services Fintech Healthcare Services HealthTech LegalTech

Expeditions Fund Funds

Name Type
Questionare
Industry
Questionare
Stage
Questionare
Region
Size AUM Launch date
Expeditions Fund I
Venture Capital (VC)
Financial Services
Fintech
Healthcare Services
Robotics
SaaS
Security
Software
HealthTech
Pre-seed
Seed
North America
Europe
$5-10 m
$16 M
November 2021
Expeditions Fund II
Venture Capital (VC)
Financial Services
Fintech
Robotics
SaaS
Security
Software
LegalTech
Pre-seed
Seed
North America
Europe
$5-10 m
$110 M
September 2025

Contacts

Name
Title
Email
avatar
Stanislaw Kastory Co-founder and General Partner, Expeditions
Co-founder and General Partner, Expeditions
s•••@•••
avatar
Mikolaj Firlej Co-Founder and GP
Co-Founder and GP
m•••@•••
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Investment-team contacts for Expeditions Fund — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about Expeditions Fund

Expeditions Fund is a venture capital firm that also operates as a family office. It backs companies at Series A, Seed, Pre-seed and Late Stage (Series C+), writing tickets of $10-50 m.
Expeditions Fund is located in Warsaw, Masovian Voivodeship, Poland.
Expeditions Fund was founded in 2021.
Expeditions Fund invests in companies and startups in Business Services (B2B), Biotechnology, Quantum Computing, Defense, Cybersecurity, AI, Aerospace, Robotics, SaaS, Security, Software, Financial Services, Fintech, Healthcare Services, HealthTech, LegalTech.
Expeditions Fund invests in companies and startups in Europe, North America, Asia.
Expeditions Fund invests in companies and startups at Series A, Seed, Pre-seed, Late Stage (Series C+).
Expeditions Fund usually invests $10-50 m on average.
Expeditions Fund has around $120m assets under management.
Expeditions Fund last fund was created/launched in 2025-09-29
Expeditions Fund can be reached through its website expeditionsfund.com and its LinkedIn page. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Expeditions Fund — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
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Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 21 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.