European Defence Tech Boom: Startups Seek Funding Amid Rising Geopolitical Tensions
April 18, 2025
Swarmer, with teams in both the US and Ukraine, is working on AI-powered software to coordinate drone swarms and has recently secured $2.7 million in seed funding.
Ailand Systems, founded in Kyiv in 2023, is aiming for a $2 million fundraise to develop autonomous drones designed for landmine detection and agricultural applications, claiming superior speed over human operators.
Airlogix, based in Kyiv, has transitioned from cargo drones to military applications since 2022, now developing unmanned aerial drones specifically for reconnaissance.
Farsight Vision, located in Lviv, uses drone flight data to create 3D digital twins, enhancing pilot situational awareness, and has successfully raised €600,000 in pre-seed funding.
Project Q, based in Munich, is currently raising around $5 million to develop software that integrates various data inputs for defence and security, promoting holistic situational awareness.
Jack Wang from VC firm Project A notes that many new founders in defence tech are emerging from mainstream technology backgrounds, including ex-unicorn founders and Palantir engineers.
Nordic Air Defence from Stockholm is developing a cost-effective, software-powered interception drone and is seeking new funding exclusively from European sources this quarter.
Venture capitalists indicate that the scope of defence tech is expanding to encompass spacetech and climate initiatives under the emerging 'resilience' category.
Current fundraising efforts among defence startups are primarily focused on software and drone technology, with notable investments going to companies like Helsing and Quantum Systems.
In 2025, the defence tech sector is gaining significant traction in Europe, driven by rising geopolitical tensions that are prompting founders to seek venture capital investment.
A recent poll conducted by Sifted among venture capitalists revealed a number of defence tech startups actively seeking funding, highlighting the growing interest in this area.
London-based Labrys is in the process of raising a Series A round after securing $5.5 million in seed funding to create a workforce management platform tailored for military and humanitarian users.
Summary based on 1 source
Get a daily email with more Startups stories
Source

Sifted • Apr 17, 2025
The defence tech startups fundraising right now, according to VCs | Sifted