Funding
SE3 Labs emerges from stealth with €5.5 million for defence-focused spatial AI
Lakestar led the seed round alongside a host of VC backing for a business already working with the German military.
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Funding
Autonomus cargo aircraft Acodyne raises €2.5m pre-seed
Denmark's export and Investment Fund participated alongside investors including Gungnir Capital to fund prototype development.
Funding
Swedish VCs back Ukrainian logistics ground robots with €500,000 investment
Front Ventures and Hede Capital have invested in the battlefield proven technology, with additional support from Defence Builder Fund.
Funding
DTCP Defence leads €12m seed round for AI drone swarm systems, Six Robotics
Norwegian defence technology company Six Robotics has raised €12 million in a seed round led by DTCP Defence to scale its software for coordinating autonomous…
Funding
MITS Capital invests in Danish-Ukrainian defence startup Dropla Tech
Danish-Ukrainian explosives detection firm will join MITS' acceleration programme as part of the latest investment.
Funding
Kraken becomes latest defence tech unicorn with €150m Series B raise
The British maritime defence startup becomes a unicorn with its Series B fundraise, with backing from a host of new VCs
Analysis
First-half 2026 results unpicked: order book heaven
The first-half results are now in for Europe's biggest defence and aerospace companies and the continent's rearmament push is creating enormous order backlogs.
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,…
Markets
Rheinmetall revenue jumps 39% as Europe’s rearmament moves into production
The German giant reported €5 billion first-half sales and operating profit of almost €800 million, a 74% rise. Orders continued to rise with a mega…