Expeditions Fund

Expeditions Fund is a venture capital firm based in Warsaw, Poland, established in 2021 as an independent entity following the expansion of the venture capital operations of the Firlej Kastory family office. The firm focuses on investing in early-stage technology companies globally, particularly in sectors such as artificial intelligence, cybersecurity, privacy, biotechnology, defense technology, quantum computing, and business-to-business (B2B) software-as-a-service (SaaS). Expeditions Fund is backed by a diverse group of multi-billion dollar investors, family offices, and accomplished founders and CEOs, emphasizing a commitment to supporting mission-driven entrepreneurs in Central and Eastern Europe and beyond.

Mikolaj Firlej

Co-Founder and General Partner

Stanislaw Kastory

Co-Founder and General Partner

Past deals in Defence

Alpine Eagle

Seed Round in 2025
Alpine Eagle is a technology company specializing in counter-unmanned aerial systems (C-UAS). It develops hardware and software solutions to detect and mitigate threats posed by low-cost, autonomous drones. The company's offerings help identify the probability of drone incursions, enabling clients to enhance their security measures.

Comand AI

Seed Round in 2024
Comand AI specializes in developing advanced AI software for military command and control. It enhances decision-making and operational readiness in defense operations, providing a strategic advantage to armed forces. The company combines defense sector expertise with innovative technology to deliver tailored, AI-driven solutions.

Periphery

Pre Seed Round in 2024
Periphery offers embedded AI cybersecurity for critical infrastructure, defence, and medical devices. Their lightweight agents operate directly on connected hardware, employing embedded AI for real-time attack detection and prevention, even in disconnected or resource-limited settings. Additionally, they work with device makers to meet incoming product security regulations, from threat modelling to SBOM risk analysis and compliance readiness. Whether protecting devices in the field or preparing them for market, Periphery secures what others can’t see.
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