The State of Defence Tech 2026 (Dealroom)
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About this report
- Report on defence tech venture funding in Europe, produced with Resilience Media.p.
- European defence startups have raised $7.4B so far in 2026, already the largest year on record and projected to reach $10.5B.p.
- Defence tech's share of VC funding rose from under 1% before 2021 to 11.1% in Europe and 15% in the EU 27 in 2026.p.
- The record European defence VC round has grown to $1.8B, Helsing's Series E in July 2026, from ICEYE's $87M.p.
- Also covers Munich's rise, US investors, talent pipelines and procurement.p.
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