The State of Defence Tech 2025 report has revealed that defence startups have secured $1.5bn (£1.12bn) in funding so far this year.

Defence tech startups are booming across Europe, powered by an influx of UK military veterans and record levels of VC investment. Yet, a new report found critical gaps in space tech and AI chips could leave the country exposed.

The State of Defence Tech 2025 report has revealed that defence startups have secured $1.5bn (£1.12bn) in funding so far this year, the highest annual total on record, with mega rounds, such as Helsing’s €600m raise, propelling the sector into the mainstream of European VC.

Defence tech now accounts for 6.2 per cent of all European VC funding, up from less than one per cent before 2020, reflecting investor appetite for AI-enabled mil

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