William McNulty is the co-founder and Director/Executive Officer of UA1 Fund (also known as UA1 VC). Organization, location and related investors we track.
William McNulty is the co-founder and Director/Executive Officer of UA1 Fund (also known as UA1 VC), a defense technology fund he launched with fellow U.S. Marine veteran Lenore Karafa to transform Ukraine’s battlefield innovations into capabilities for U.S., European, and NATO security. His investment thesis targets early-stage startups developing Ukrainian defense tech, with a focus on sectors including drones, robotics, battlefield communications, AI-driven swarming, and advanced munitions, primarily in Ukraine but with global market orientation. Typical initial investment checks range from $300,000 to $750,000, with significantly larger follow-on investments, though McNulty has not specified whether UA1 typically leads or follows rounds. Notable portfolio companies include HIMERA (battlefield communications), Swarmer (AI-driven swarming), Frontline Robotics (de-mining and logistics robotics), and Bravo Ordinance (advanced munitions), alongside Airlogix, Buntar Aerospace, and Guardian RF. McNulty’s distinctive point of view centers on the “moral imperative” of stopping Russia in Ukraine while capturing the “enormous opportunity” in Ukrainian defense innovati
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