Policy
EU launches EastInvest facility to mobilise €28bn for eastern regions hit by Ukraine war
New financing platform targeting nine border states forms centrepiece of Commission strategy to address economic and security strain.
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M&A
Leonardo completes €1.6bn acquisition of Iveco’s defence business
Leonardo completed a €1.6 billion acquisition of Iveco Group's defence business in March, swelling its workforce by 2,000 and adding six manufacturing sites across Europe.
Policy
Europe drives global defence spending growth in 2025
Global defence expenditure topped a record $2.8 trillion, with NATO accounting for more than half of this and Europe representing $864 billion, a 14% rise…
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…
Funding
EIB deploys €4bn in defence and targets €1bn VC expansion
The EU's lending arm deployed a record €4 billion into security and defence in 2025, with a further increase to €4.5 billion planned for 2026…
Funding
EU backs Join Capital with €50m in largest defence VC commitment to date
The European Investment Fund's largest ever defence commitment will back 25 early-stage startups across Europe.
Funding
Quantum Systems secures €150m financing as European banks scale defence tech exposure
German drone manufacturer Quantum Systems has secured a €150 million financing package backed by the European Investment Bank and major commercial lenders, marking a shift…
Funding
Scotland secures £50m defence growth deal to boost skills and innovation
The UK government has today announced a £50 million defence growth deal for Scotland aimed at strengthening skills, innovation and industrial capacity across key sectors.
Funding
British AI drone startup raises $2.1m in pre-seed
The autonomous drone technology round is led by space specialist Seraphim Space and backed by the UK government's defence venture capital fund.