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.
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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…
Policy
Germany to launch state-backed fund to invest in defence start-ups
Germany will launch a state-backed investment vehicle to take direct equity stakes in defence and security start-ups, the government said Wednesday. Berlin is seeking to…
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
UK launches £20m fund for homegrown defence unicorns
The dedicated fund for defence techs will fast-track small MOD contracts, in the hope that this will boost revenues and clout, overcoming the startup space's…
Funding
Brussels unveils €1bn growth fund as EU targets defence tech ‘valley of death’
European Commission's transformation roadmap tackles startup scaling crisis with new financing vehicle and fast-track procurement reforms