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
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…
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…
M&A
Rheinmetall and Destinus set out plans for European missile venture
Rheinmetall and Destinus have agreed to form a joint venture to produce cruise missiles in Germany. The venture will be formally established in the second…
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
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
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.