Firehawk oversubscribes $60m investment round led by 1789 Capital, helmed by partners including Donald Trump Jr., joined by Czech Presto Tech Horizons

Firehawk Aerospace, a defense technology leader specializing in advanced energetics and propulsion, has secured investment from Presto Tech Horizons (PTH), a unique defense and resilience tech fund, created through a partnership between European venture capital firm Presto Ventures and global industrial and technology firm Czechoslovak Group. The oversubscribed $60M investment round was led by 1789 Capital, helmed by partners including Donald Trump Jr.

Latvian-Swedish Outlast Fund launches €21M to back overlooked founders building for the long game

Outlast Fund, a venture capital firm with offices in Riga and Stockholm, has closed a €21 million fund to invest in early-stage startups in the Baltics and Nordics. The fund will target pre-seed and seed rounds, writing initial cheques of up to €250,000 and €1.5 million respectively. Outlast positions itself as an early backer, supporting both experienced entrepreneurs and first-time founders.