Darkstar has launched Europe's first pan-European defence fund, valued at €25M, specifically aimed at supporting military systems and dual-use technologies. The fund has achieved a first close of €15M led by SmartCap, Estonia's sovereign defence fund, with support from over 30 founders across Europe. The focus is on combat-proven products that enhance preparedness for Ukraine and NATO allies. Individual startup investments can reach up to €1M, and Darkstar plans to finalize 4-5 additional deals by year-end. The fund prioritizes battlefield-ready technologies, bridging modern warfare challenges with innovative solutions.
Darkstar announced the launch of a €25M pan-European defence fund dedicated to military systems, led by Estonia's SmartCap and supported by over 30 European founders.
The fund aims to invest in high-impact, battlefield-ready technologies with individual investments of up to €1M per startup, focusing on ensuring military readiness.
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