Ground A raises €9M+ to bring laser-based counter-drone technology to market

German defencetech company Ground A, which has developed a new generation of software and laser-based counter-drone systems, today stepped out of stealth, announcing a pre-seed financing round of more…

Former Ukraine defence minister Mykhailo Fedorov plans new defence tech investment fund

Former Ukrainian defence minister Mykhailo Fedorov has announced on Telegram plans to launch a new defence technology investment fund focused on developing technologies needed on the battlefield.Aged …

Ploughshare’s TAG Alliance grows to 19 members as defence spin-outs accelerate

Ploughshare’s Technology and Growth (TAG) Alliance is gaining momentum less than a year after being announced, with at least three new defence technology spin-outs expected by the end of the year and …

Defence tech investor and builder Gallos raises $50M

A defence tech investor and builder which counts Sir Jeremy Flemming, the former director of the UK’s security and cyber agency GCHQ, as an advisor has raised $50m. The funding round in Gallos Technol…

Isembard founder: We’re a politician’s "wet dream"

At the tail end of London’s Bakerloo tube line, heading towards a north-west London suburb called Harlesden, the whirring sound of manufacturing, from rotating electronic motors to cooling fans, can b…

Cambridge Aerospace’s valuation leaps to $3.4BN as raises $300M

UK defence technology startup Cambridge Aerospace has raised $300m at a $3.4bn valuation, a significant uplift on its valuation just a few months ago.The Series C funding round in the counter-drone st…

FuVeX raises €3M to scale dual-use drone technology across Europe

Spanishdrone technology company FuVeX has raised €3 million in an oversubscribedfunding round to accelerate its commercial and international expansion andstrengthen its position in the European dual-u…

Monava closes funding round as demand for passive drone detection grows

Swedish-Finnish defencetech Monava, which specialises in acoustic drone detection, has closed an investment round with Gungnir Capital as the largest investor, together with Foundry Ventures and Hede …

British defence startup Agon creating virtual battlefields to combat drone attacks launches, raising $30M 

A British defence startup founded by a former Anduril director, which is building virtual battlefields where AI-powered autonomous weapons practice fighting, has today launched, supported by $30m in f…

Airbus anchors €500M European defence tech fund as E2D makes first investment in Alta Ares

Earlybird and AVP are pleased to welcome Airbus Defence and Space as the anchor investor in E2D, the €500 million dual-use and defence technology growth fund the two firms launched last month. The fun…