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Reshaping the Defence Industrial Base

For Wholesale Clients Only


Our
Team

Foxglove Defence is defined by its people. 

We combine operational credibility and investment discipline with four core differentiators:


  • Networks – Trusted global access and adoption corridors that open procurement pathways rarely available to generalist platforms.


  • Incubate – A venture creation platform that originates companies — solving capability problems and building commercial pathways.


  • Regulatory Insight – Deep expertise in ITAR, export controls, and alliance frameworks to reduce barriers and enable scale into allied markets.


  • Governance Discipline – A multi-disciplinary Investment Committee with AFSL oversight ensuring rigorous compliance and diligence.


These strengths unlock opportunities generalist funds would rarely reach — guiding founders through the complexity of defence markets.


This combination of credibility and access makes Foxglove Defence more than a fund: it is a trusted platform for building enduring capability for Australia and its allies.


Leadership

Foxglove Defence’s leadership combines decades of operational command, national security strategy, and venture investment. From leading elite units to advising governments and building venture portfolios, our founders bring conviction, discipline, and a proven ability to deliver under pressure.

This experience allows us to cut through complexity, identify opportunities others overlook, and deploy capital with precision and accountability.

Investment Committee

The Foxglove Defence Investment Committee brings together senior leaders from defence, government, industry, and merchant banking. Their experience at the highest levels ensures every opportunity is judged for both strategic relevance and financial discipline.

Under AFSL oversight, all major investment decisions require majority approval, embedding rigorous governance and investor protection.

By combining operational credibility with proven investment expertise, the IC ensures Foxglove Defence commits capital only to the most compelling capabilities — those that strengthen national security and deliver enduring returns.

Advisory Board

Foxglove Defence is supported by an Advisory Board of technical, operational, and strategic experts from defence, finance, and technology worldwide. Their experience spans developing next-generation capabilities, shaping national security policy, and leading global enterprises.

The Advisory Board does not hold fiduciary authority or approve investments. Its role is to provide insight into capability trends, validate emerging innovations, and frame opportunities within their strategic context. This forum strengthens the IC with technical depth, operational experience, and global networks — connecting Foxglove Defence to the broader trusted ecosystem of allies and partners.

Partnerships

Partnerships are central to Foxglove Defence’s model. Foxglove Capital and Boutique Capital underpin our platform — providing authority, governance strength, and AFSL alignment.

Beyond this foundation, we cultivate relationships that expand deal flow, sharpen due diligence, and accelerate adoption. Our networks span the Defence sector, institutional investors, and leading academic institutions — creating adoption pathways and exit opportunities that generalist funds cannot access.

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Foxglove Defence Pty Ltd ACN 687 772 372) (Foxglove Defence) is a corporate authorised representative (CAR) (CAR Number 1317389) of Boutique Capital Pty Ltd ACN 621 697 621 (Boutique Capital) AFSL 508011.

Any information or advice is general advice only and has been prepared by Foxglove Defence for individuals identified as wholesale investors for the purposes of providing a financial product or financial service, under Section 761G or Section 761GA of the Corporations Act 2001 (Cth). Any information or advice given does not take into account your particular objectives, financial situation or needs and before acting on the advice, you should consider the appropriateness of the advice, having regard to your objectives, financial situation and needs. If any advice relates to the acquisition, or possible acquisition, of a particular financial product you should read any relevant Information Memorandum or like instrument.