Cambridge Aerospace’s valuation leaps to $3.4BN as raises $300M

UK defence technology startup Cambridge Aerospace has raised $300m at a $3.4bn valuation, a significant uplift on its valuation just a few months ago.The Series C funding round in the counter-drone st…

FuVeX raises €3M to scale dual-use drone technology across Europe

Spanishdrone technology company FuVeX has raised €3 million in an oversubscribedfunding round to accelerate its commercial and international expansion andstrengthen its position in the European dual-u…

Monava closes funding round as demand for passive drone detection grows

Swedish-Finnish defencetech Monava, which specialises in acoustic drone detection, has closed an investment round with Gungnir Capital as the largest investor, together with Foundry Ventures and Hede …

British defence startup Agon creating virtual battlefields to combat drone attacks launches, raising $30M 

A British defence startup founded by a former Anduril director, which is building virtual battlefields where AI-powered autonomous weapons practice fighting, has today launched, supported by $30m in f…

Airbus anchors €500M European defence tech fund as E2D makes first investment in Alta Ares

Earlybird and AVP are pleased to welcome Airbus Defence and Space as the anchor investor in E2D, the €500 million dual-use and defence technology growth fund the two firms launched last month. The fun…

Resist.UA launches €50M European fund to scale Ukraine’s battlefield-proven defencetech

Ukrainian defence tech investment platform Resist.UA has announced the launch of Resist 2.0, a new European fund designed to connect international capital with Ukraine’s rapidly growing defence and du…

Why the best time to invest in Ukraine is now
Why the best time to invest in Ukraine is now

Roman Sulzhyk, Founding Partner of Ukrainian investment fund Resist.UA, has a message for the world when it comes to investing in the Ukrainian startup ecosystem: “If you wait until after the war, yo…

European defencetech leader Helsing secures $1.8B Series E at $18B valuation

Helsing, Europe’s leading defence AI company, today announces it has raised $1.8 billion in a Series E, valuing the company at US$18 billion.New and existing investors participated in the round, inclu…

Maritime defence startup Kraken Technology hits unicorn status

British-founded maritime defence startup Kraken Technology today said it had achieved unicorn status. The startup, founded in 2020 by former speedboat racer Mal Crease, said it had raised $175m in a S…

Quantum Systems raises $1.2BN at $8BN valuation

German drone manufacturer Quantum Systems has raised $1.2bn in fresh funding, in a round which more than doubles its valuation to $8bn, it said today. The Series D was co-led by US investor Blacksto…