As war rages in Ukraine, investment in European defense and dual-use tech skyrockets | TechCrunch
Briefly

from TechCrunch4 months ago
The investment in European defense technology is projected to hit a billion dollars in 2024, marking a five-fold increase since 2018, driven by geopolitical unrest.
TechCrunchhttps://techcrunch.com/2024/09/26/as-war-rages-in-ukraine-investment-in-european-defense-and-dual-use-tech-skyrockets/
The VC investment into defense-related technology has outpaced all other investment types across NATO countries by 25%, totaling $3 billion since 2018.
TechCrunchhttps://techcrunch.com/2024/09/26/as-war-rages-in-ukraine-investment-in-european-defense-and-dual-use-tech-skyrockets/
Germany, the U.K., and France accounted for 87% of defense tech investment in Europe, with German companies raising more than those in the Nordics, Netherlands, and Switzerland combined.
TechCrunchhttps://techcrunch.com/2024/09/26/as-war-rages-in-ukraine-investment-in-european-defense-and-dual-use-tech-skyrockets/
The U.K. is highlighted as a stronghold for defense tech investment, featuring six of the top ten cities in Europe for VC defense investment.
TechCrunchhttps://techcrunch.com/2024/09/26/as-war-rages-in-ukraine-investment-in-european-defense-and-dual-use-tech-skyrockets/
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#venture-capital #defense-technology #european-investment #geopolitical-unrest #nato
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