DTCP closes €455M defence fund to scale Europe’s strategic tech capabilities

Defencetech fund DTCP today closed DTCP Defence Fund I, securing €455 million in commitments. The Fund brings together a strong group of European institutional and strategic investors, including Deut…

Estonian Defence Forces sign three-year defence tech partnership with VC Archangel

The Estonian Defence Forces (EDF) and defence-focused venture capital fund Archangel have signed a three-year cooperation agreement to strengthen cooperation and support the development of the defence…

TEKEVER raises $580M Series D at $6.4B valuation

TEKEVER, provider of AI-powered autonomous systems, today announced the first close of its $580 million Series D financing, valuing the company at S$6.4 billion.TEKEVER is a Portuguese-founded defence…

NATO Innovation Fund co-leads €11M investment in Swedish defence tech outfit Terasi

Stockholm-based defence startup Terasi has wonan €11 million seed investment, co-led by the NATO Innovation Fund, thestartup said today.Terasi builds communication technology geared towardsthe battlef…

Final Frontier and Myriad unite behind €100M defence tech fund

Today, Danish defencetech VCs Final Frontier and Myriad join forces to create a combined platform and move forward under one brand with a targeted €100 million fund. Europe is rearming. For the first…

Ground A raises €9M+ to bring laser-based counter-drone technology to market

German defencetech company Ground A, which has developed a new generation of software and laser-based counter-drone systems, today stepped out of stealth, announcing a pre-seed financing round of more…

Former Ukraine defence minister Mykhailo Fedorov plans new defence tech investment fund

Former Ukrainian defence minister Mykhailo Fedorov has announced on Telegram plans to launch a new defence technology investment fund focused on developing technologies needed on the battlefield.Aged …

Ploughshare’s TAG Alliance grows to 19 members as defence spin-outs accelerate

Ploughshare’s Technology and Growth (TAG) Alliance is gaining momentum less than a year after being announced, with at least three new defence technology spin-outs expected by the end of the year and …

Defence tech investor and builder Gallos raises $50M

A defence tech investor and builder which counts Sir Jeremy Flemming, the former director of the UK’s security and cyber agency GCHQ, as an advisor has raised $50m. The funding round in Gallos Technol…

Isembard founder: We’re a politician’s "wet dream"

At the tail end of London’s Bakerloo tube line, heading towards a north-west London suburb called Harlesden, the whirring sound of manufacturing, from rotating electronic motors to cooling fans, can b…