The Estonian defence tech sector just took a massive leap forward. With a fresh €7.2 million investment led by SmartCap’s Defence Fund alongside Axon Enterprise and European investors, Farsight Vision is officially setting up its growth hub in Estonia.
Read more
Largest VC backed defence companies
Mapping some of the largest defense companies in private markets
Read more
Europe’s defence funds in 2025
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.
Read more
Defense startup fund DarkStar receives first investment from SmartCap
The state-owned fund management company SmartCap's Defense Fund invested 10 million euros in Estonia's first defense technology venture capital fund, Darkstar, which focuses on companies developing military and dual-use technologies whose products have been tested on the Ukrainian battlefield.
Read more
