360 Capital raises 85m deeptech fund
Briefly

360 Capital raises 85m deeptech fund
"The fund represents a clear pivot toward the harder, longer-horizon technologies that Europe's reindustrialisation agenda is beginning to demand, and a recognition, shared by a growing number of continental investors, that the cleanest returns in deeptech over the next decade may come from technologies with a dual-use character."
"The pressure to modernise military capability at speed, combined with a recognition that the fastest-moving technologies are being developed outside traditional defence supply chains, has pushed several European primes toward LP positions in venture funds as a form of technology access and strategic intelligence."
A French-Italian VC has raised €85 million for a deeptech fund backed by a European defence prime. This reflects a shift towards dual-use technologies amid Europe's reindustrialisation agenda. The invasion of Ukraine has accelerated this trend, prompting defence primes to engage with venture capital for faster access to innovative technologies. The European Investment Fund has also committed €50 million to support deeptech and dual-use startups, indicating institutional backing for this strategic pivot in defence investment.
Read at TNW | Investors-Funding
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