Swedish-Finnish defencetech Monava, which specialises in acoustic drone detection, has closed an investment round with Gungnir Capital as the largest investor, together with Foundry Ventures and Hede …
A British defence startup founded by a former Anduril director, which is building virtual battlefields where AI-powered autonomous weapons practice fighting, has today launched, supported by $30m in f…
Earlybird and AVP are pleased to welcome Airbus Defence and Space as the anchor investor in E2D, the €500 million dual-use and defence technology growth fund the two firms launched last month. The fun…
Ukrainian defence tech investment platform Resist.UA has announced the launch of Resist 2.0, a new European fund designed to connect international capital with Ukraine’s rapidly growing defence and du…
Roman Sulzhyk, Founding Partner of Ukrainian investment fund Resist.UA, has a message for the world when it comes to investing in the Ukrainian startup ecosystem: “If you wait until after the war, yo…
Helsing, Europe’s leading defence AI company, today announces it has raised $1.8 billion in a Series E, valuing the company at US$18 billion.New and existing investors participated in the round, inclu…
British-founded maritime defence startup Kraken Technology today said it had achieved unicorn status. The startup, founded in 2020 by former speedboat racer Mal Crease, said it had raised $175m in a S…
German drone manufacturer Quantum Systems has raised $1.2bn in fresh funding, in a round which more than doubles its valuation to $8bn, it said today. The Series D was co-led by US investor Blacksto…
Vegvisir, an Estonian defence technology company building the command-and-control software layer for the multi-domain battlefield, today announced a venture investment from Iron Wolf Capital (IWC). V…
Here in Europe, a new generation of defence startups is emerging far outside the traditional military-industrial complex. Across weekend hackathons, engineers, software developers, drone builders, res…