Tag: defence
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Twin Prime lands $10M pre-seed to build frontier AI models for defence and security
Frontier AI lab for defence and security Twin Prime has raised have $10 million in pre-seed funding led by Expeditions, with additional investment from American and European VCs, Theon, family offices, and angels from within Palantir, Anduril, Quorum, and more. Twin Prime is developing AI models that natively reason on data from a large number read more
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Front Ventures raises €5M to back defence tech innovation in Ukraine
Stockholm-based defence-focused investment company Front Ventures has raised €5 million through an oversubscribed rights issue of B-shares, with the raise subscribed to 278 per cent. The company backs early-stage defence technology companies developing operationally relevant systems in Ukraine and Sweden. The round included participation from all major shareholders, including CEO Jonas Malmgren and board member read more
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Europe’s first drone procurement hub targets faster defence deployment
European defence technology company Intelic today announced the launch of Intelic BASE, a new procurement hub designed to strengthen European defence sovereignty by helping Ministries of Defence across Europe identify and deploy European unmanned systems faster, significantly shortening procurement timelines for mission-ready drones. At launch, the platform already connects drone and unmanned systems manufacturers from read more
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EU–Ukraine launches €160M defence innovation programme to unlock €400M in financing
This week, the European Commission and Ukraine’s Ministry of Defence launched a new cooperation initiative focused on investing in innovative and breakthrough technologies. Unveiled during the EU–Ukraine business summit in Brussels, the initiative is an important step toward strengthening Ukraine’s stability, developing the defence-industrial complex, and bolstering the state’s defence capabilities. The agreement establishes a read more
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Stendr secures $5.4M pre-seed to develop AI-driven defence systems
Stendr, a Norwegian defence technology company, has raised $5.4 million in an oversubscribed pre-seed funding round to advance its AI-native platform. The round was co-led by RainFall, ACME, and SkyFall, with participation from Sisyphus, Antler, StartupLab, Off Piste, and Andøya Ventures, alongside a syndicate of global technology founders and investors. Headquartered in Oslo, Stendr is read more
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Cooling becomes strategic: Calyos brings passive thermal tech to Europe’s defence stack
Europe’s push for technological sovereignty is reshaping even the most overlooked parts of the stack—including how systems are cooled. Data centres and compute platforms are essential infrastructure for both the civilian digital economy and modern defence operations. They demand high energy efficiency, robust reliability, and low dependency on local environmental resources such as water or read more
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Mirai Robotics raises $4.2M Pre-Seed to build autonomous dual defence maritime systems
Mirai Robotics has raised $4.2 million Pre-Seed, one of the largest in Italy in the robotics and deep-tech sector, to build autonomous and intelligent maritime systems to master every sea. Primo Ventures, Techshop and 40Jemz Ventures led the round, with participation from leading Italian and international angel investors. The sea is one of the most read more
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British defence tech outfit Mutable Tactics raises over $2M in pre-seed round
A British defence tech startup developing AI software which helps improve the deployment of drones when communication is lost in combat has raised over $2m in a seed funding round. Mutable Tactics has raised $2.1m in a funding round, led by spacetech investor Seraphim Space, with funding also fromthe UK’s National Security Strategic Investment Fund,Koro, read more
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EIF makes largest defence investment yet with €50M backing for Join Capital
The European Investment Fund (EIF), part of the EIB Group, today announced a €50 million commitment to Join Capital’s third fund as Europe moves from defence spending announcements to rebuilding industrial capability. The commitment is the EIF’s largest to date in defence and is supported by the InvestEU Defence Equity Facility, which is designed to read more
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Estonian missile defence startup Frankenburg Technologies raises €30M
An Estonian defence startup building what it says are “affordable, mass manufacturable” missile defence systems hasraised €30min Series A funding. Frankenburg Technologies, founded in 2024, is headed up by CEO Kusti Salm, the former permanent secretary of Estonia’s defence ministry. The startup, which touts its sovereign credentials,says it was founded in response toa structural shift read more
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“Stop complaining and build”: Inside Defence Holdings’ software-first defence strategy
Modern defence is shifting from hardware to software. As cyber conflict, drone warfare, and information operations reshape global security, the advantage increasingly belongs to nations that can innovate faster — not just build bigger arsenals. Defence Holdings PLCis a UK-listed defence technology company focused on building a software-led platform for modern military and security operations. read more
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MaXon Systems secures funding to build autonomous air defence against mass drone attacks
MaXon Systems, a Ukrainian defence technology company building an autonomous, end-to-end counter-UAS platform designed to defend large perimeters against mass drone attacks, has raised funding in a round which included Greenflag Ventures, BRAVE1, Freedom Fund VC, and Big Defence. MaXon is building an autonomous air defence system designed to counter mass Shahed-type drone attacks, where read more
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Backed by Nordic VCs, CYBRET AI bets on autonomous systems to redefine cyber defence
This week sees the launch out of stealth of CYBRET AI, an autonomous security and development lab building autonomous systems that understand modern attack behaviour, reason across complex environments, and operate at machine speed. From deep attack understanding to real-time reasoning and response, its work focuses on pushing security beyond human-only operations. Although the financials read more
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Former Swedish Foreign Minister Tobias Billström joins Nordic Air Defence
Former Swedish foreign minister Tobias Billström has joined Swedish defence tech startup Nordic Air Defence (NAD) as Director of Strategy and Government Affairs, his first full-time role since leaving frontline politics last year. Nordic Air Defence is a Stockholm-headquartered company developing high-tech defensive solutions for both civilian and military use. NAD is a true hardware-software read more
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New programme fast-tracks European defence innovation with controlled testing in Ukraine
European defence startups have gained a formal, legally compliant route into Ukraine for battlefield testing and front-line user feedback. The programme, run by 17Tech.fi in partnership with Ukraine’s defence-innovation ecosystem, provides structured access to real combat environments—speeding up development and boosting NATO–Ukraine interoperability. European defence startups have long faced challenges in accessing realistic operational environments read more
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