Venture
fromTNW | Investors-Funding
1 week ago360 Capital raises 85m deeptech fund
European defence primes are increasingly investing in deeptech VC to access innovative technologies for military modernization.
Technologies that have both military and civilian applications are known as "dual-use". Drone start-ups, arms giants, and satellite manufacturers are among the tech companies which are increasingly marketing surveillance products for both military and civil applications, leading to a blurring of the lines between the two domains. This has serious implications for our freedoms, the militarisation of our societies, and the use of publicly-funded research, particularly from the European Union.
Drones that map disaster zones and scout military targets exemplify dual-use technologies that cater to both civilian and military purposes. Upcoming European Commission funding will support such innovations.