Funding
Gallos raises £35m to build and invest in defence startups
Backed by Ventura and Aberdeen, alongside founding investor Lansdowne Partners, the investment will support the platform building the next generation of security startups.
Section
Funding
Reporting on defence funding and fundraising across Europe, covering venture capital, private equity, private credit, financing facilities and other sources of capital.
Funding
Agon emerges from stealth with $30m to build virtual training grounds for defence AI
Backed by Lakestar, Lux Capital and Northzone, the startup is led by prolific AI and tech veterans of Anduril, Applied Intuition and Unity.
Funding
Cambridge Aerospace raises $300m at $3.4bn valuation to scale interceptor production
British air defence startup Cambridge Aerospace has raised $300 million at a $3.4 billion valuation, more than doubling its value since an April funding round,…
Funding
BAE Systems commits €50m to European defence tech VCs
The British defence group has committed €25 million each to Lakestar and Expeditions defence and technology funds. BAE hopes the initiative will also help it…
Funding
Lockheed Martin VC arm to invest $100m in European defence tech and establish London office
US defence giant has earmarked $100m for European defence tech investments from its $1bn venture capital fund, to be headed from a new London office.
Funding
Expeditions closes second defence-tech fund at €197m as EU, NATO and BAE invest
European defence technology investor Expeditions has closed its second fund at €197 million, more than doubling its original target as BAE Systems, the European Investment…
Funding
Helsing raises $1.8bn at $18bn valuation in Europe’s biggest defence tech round
Munich-based defence AI company Helsing has raised $1.8 billion in a Series E round, valuing the company at $18 billion — the largest funding round…
Funding
Seraphim Space leads £4m seed round in maritime autonomy startup Online Oceans
Successful fundraising is the latest in a series of investors backing low-cost, autonomous and dual-use technologies this year.
Funding
Frankenburg raises €30m in Series A funding to boost European low-cost air defence production
The Estonian startup is targeting a gap between cheap drones and costly air defence systems as conflicts upheld traditional procurement priorities.
Funding
Polish president vetoes €44bn SAFE defence loan but government presses ahead
Poland holds the largest single allocation under the €150bn programme, making the veto the most significant domestic challenge to the scheme since it entered force…