Europe's Defense Tech Startups Raised A Record $5.2 Billion
Defense tech startups in Europe saw record investment from private capital in 2024, reaching $5.2B.
The surge follows the European Union’s efforts to boost military capabilities, as illustrated by the no-less than nine defense initiatives launched by the EU Commission since 2017.
Historically, private investment had shied away from defense, but new rules and startups’ shorter cycles are changing the industry’s mindset.
➡️ To understand why investors are betting on Europe’s defense tech startups, watch the full story here: https://cnb.cx/46zNVdv
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The surge follows the European Union’s efforts to boost military capabilities, as illustrated by the no-less than nine defense initiatives launched by the EU Commission since 2017.
Historically, private investment had shied away from defense, but new rules and startups’ shorter cycles are changing the industry’s mindset.
➡️ To understand why investors are betting on Europe’s defense tech startups, watch the full story here: https://cnb.cx/46zNVdv
-----
Subscribe: @cnbci
CNBC International Live: @cnbcinternationalive
LinkedIn: https://www.linkedin.com/showcase/cnbc-international/
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Instagram: https://www.instagram.com/cnbcinternational/
Threads: https://www.threads.net/@cnbcinternational
X: https://twitter.com/CNBCi
Telegram: https://t.me/cnbci
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