Defense and resilience tech reached an all-time high 10% of all VC funding in Europe

image via TechCrunch

February 12, 2025, 6:37 PM

• •Defense tech startups in Europe secured a record $5.2 billion in VC funding last year, up 24% compared to 2023.
• •The war in Ukraine served as a wakeup call for Europe, and defense tech went from a sector that most European VCs didn’t touch to one of the top investment areas within deep tech.
• •With DSR now accounting for one-third of all deep tech venture funding in Europe, it is manifest that the two overlap.

Defense tech startups secured a record $5.2 billion in venture capital last year, up 24% compared to 2023, and nearly five times more than in 2019. This growth is particularly striking in Germany; with Munich and Berlin as its main hubs, it claimed Europe's top spot in DSR funding in 2024, followed by the U.K. and France.

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