>>2710341 (pb)
Seems the Defence Innovation Fund operates in all the usual counries. Australia, India, UK, US, NZ. Probably others, still digging.
ACCELERATING COMMERCIAL INNOVATION
FOR NATIONAL DEFENSE
We're a fast-moving government entity that provides non-dilutive capital to companies to solve national defense problems.
Fast Moving = "No oversight".
US DIU Defence Innovation Unit https://www.diux.mil/
NZ https://innovationfund.co.nz/
UK https://www.gov.uk/government/publications/accelerator-themed-competition-revolutionise-the-human-information-relationship-for-defence/defence-innovation-initiative-information
INDIA https://economictimes.indiatimes.com/topic/Defence-Innovation-Fund
There is much more.