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Tech Horizons
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Tech Horizons

Czech dual-use venture fund backed by arms group CSG; led North Vector Dynamics' Series A.

Tech Horizons, a Czech dual-use fund, headed the C$29m Series A of Calgary interceptor-missile start-up North Vector Dynamics, reported on 26 October 2026, after becoming its first European backer in May.

Last refreshed: 26 October 2026 · Appears in 1 active topic

Key Question

Why is a Czech arms-backed fund leading a Canadian missile start-up's round?

Timeline for Tech Horizons

#19 24 Oct

Led North Vector's Series A

Drones: Industry & Defence: Beyond Vision, North Vector raise funds
View full timeline →

Background

Tech Horizons was lead investor in North Vector Dynamics' C$29m Series A, according to a Globe and Mail report of 26 October 2026. The Calgary company builds the CM-70, a 3kg interceptor for shooting down drones. The fund had first backed it in May 2026, as its first European investor. Partner Matej Luhový said the deal strengthened his conviction that such technologies will be decisive for defending democracies.

The fund launched in June 2024 as Presto Tech Horizons, set up by Prague venture firm Presto Ventures and Czechoslovak Group (CSG), the defence group owned by Michal Strnad. It backs dual-use technology from NATO and allied countries, with a reported target size of €150m. Its early investments include Vidar Systems, which builds acoustic artillery-detection systems.

The North Vector round makes Tech Horizons a channel for Czech defence money into allied counter-drone start-ups.

Common Questions
What is Tech Horizons?
A Czech dual-use venture fund set up in 2024 by Presto Ventures and Czechoslovak Group (CSG) to back defence and security technology from NATO and allied countries.Source: Tech.eu
Who led North Vector Dynamics' Series A?
Tech Horizons led the C$29m round, The Globe and Mail reported on 26 October 2026.Source: The Globe and Mail
Who backs the Tech Horizons fund?
Prague venture firm Presto Ventures and the Czech defence group CSG, owned by Michal Strnad.Source: Tech.eu
Source Material

Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Updated 26 October 2026. Editorial standards.