More VCs are raising defence-focused funds or allocating money from their existing generalist vehicles to back startups ranging from maritime technology protecting the continent’s waters to autonomous drones and even weapons tech.
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Defence investors in Europe 2025
Many VCs are now turning their attention to defence
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Estonian drone developer LendurAI raises 5.6 million euros
LendurAI, an Estonian startup developing autonomous drone solutions, raised 5.57 million euros from investors to, among other things, double its engineering team.
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