Sifted·Mar 27, 2026
Two startups just raised €60M to mass-produce cheap missiles
Frankenburg and Tytan each raised €30M to build low-cost interceptors, betting Europe needs millions of cheap missiles, not dozens of expensive ones.
Funding
Dealroom / NATO Innovation Fund·Feb 20, 2026
European Defence Startups Raised Record $8.7 Billion in 2025
European defence startups raised $8.7B in 2025, up 55% year-over-year. AI drove 44% of all funding. Munich led with $1.7B as late-stage investment tripled and 21 specialist defence funds reshaped the market.
Funding
FT.com·Sep 30, 2025
FT: Expeditions defence tech fund raises €100M+, targeting €150M close by year-end.
Warsaw-based VC Expeditions' second fund is 10x larger than its €15M first fund, backed by European and US investors. Defense tech investment surged to €1.4B in 2025's first seven months as geopolitical tensions drive European defense autonomy efforts.
Funding
DefenceJobs.org·Sep 9, 2025
FT: European defence startups raised €2.4bn since 2022, up from just €30mn in 2020.
FT: European defence startups raised €2.4bn since 2022, up from just €30mn in 2020. Major focus areas include autonomous systems, drones and robotics.
Funding
Tangany GmbH·Sep 2, 2025
Tangany Raises €10M Series A for Secure Digital Assets
Munich-based Tangany closed €10 million Series A funding on September 2, 2025, led by Baader Bank with participation from Elevator Ventures and HTGF.
Funding
Hidden Level Inc.·Sep 2, 2025
Hidden Level Secures $65M for Counter-Drone Radar Technology
Syracuse-based Hidden Level announced $65 million Series C funding on September 2, 2025, led by DFJ Growth with Booz Allen Ventures participation.
Funding
Janes·Sep 1, 2025
Blue Water Autonomy raises $50m to build first long-range autonomous ship
Series A led by GV will fund prototype for months-long, open-ocean autonomous operations by 2026.
Funding
Reuters·Aug 28, 2025
BPCE (Natixis) sells Europe’s first defence-focused bond
French banking group issues inaugural defence bond as region ramps up armament financing.
Funding