Investment Associate

As an Investment Associate, you will work on both new investments and portfolio companies.

This is a hands-on role combining analysis, deal execution, and direct work with founders. You will be involved in evaluating opportunities, running parts of transactions, and supporting companies as they grow.

You will work closely with senior team members with deep experience in defence, finance, and strategy, and be expected to contribute early.

As we grow, there is room to take ownership, step into responsibilities quickly, and shape how we work.

You will work across the full investment cycle and support companies building real-world defence technology.

You’ll learn from experienced professionals in defence, finance, and strategy, while taking on responsibility early.

As the firm grows, you’ll have the opportunity to take initiative, expand your role, and help shape both investments and the way we operate.

Evaluate investments

• Source and assess startups and scale-ups
• Analyse markets, technologies, and business models
• Build financial models and support due diligence

Execute deals 

• Support transactions from start to finish
• Prepare investment materials and decision documents
• Work with founders, advisors, and co-investors

Support portfolio companies

• Work directly with founders and management
• Help on strategy, market entry, and scaling
• Turn plans into concrete actions

Contribute to insights and collaboration

• Combine financial analysis with market and sector insights
• Track developments in defence and regulation
• Work with internal teams and external partners
  
  

What we’re looking for

• 2-5 years of relevant experience in Private Equity, Strategy Consulting, Investment Banking / M&A, Corporate Development or Venture Capital
• Experience in working with hands-on live transactions, business model analysis and strategic & financial assessments
• Strong analytical and structured thinking
• Hands-on, practical, and curious
• Grounded, critical, and focused on collective growth
• Comfortable working with founders and multiple (C-level) stakeholders
• Clear communicator in Dutch and English
• Master’s level working and thinking

NUNC Capital is a Netherlands-based investment firm focused on defence technology.

We invest in and help build companies that strengthen the security and resilience of NATO and its allies. This includes both early-stage ventures and established defence businesses, across areas such as AI, advanced materials, unmanned systems, and energy.

Beyond capital, we work closely with founders and management teams on strategy and execution.

Acquisition in response to this vacancy is not appreciated.