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
Search
Search Defence Deals
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
SpaceAM closes seed funding with Foresight Group and MOD backing
Space and defence startup specialising in AI sensors is preparing for a Seed A round
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.
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
BAE Systems raises outlook with record £84bn defence backlog
Sales increased to almost £16 billion while profit rose to £1.7 billion in the latest results; investment in US facilities set to boost long-term production.
Markets
Airbus defence orders double as European rearmament drives demand
Defence orders rose to €9.3 billion in the first half of the year, the strongest growth across the group.
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.