European Defencetech Startups Secure Record $7.4B in VC Funding

European defence technology startups have raised a record $7.4 billion in venture capital during 2026, nearly tripling the $2.6 billion invested in 2025, according to Dealroom data. The surge reflects growing EU investment in military innovation and security capabilities amid geopolitical tensions. This capital influx signals European commitment to building sovereign defence technology capabilities independent of US suppliers.

Byte's take

Europe's defence startups are suddenly venture capital darlings—a sign the continent is finally writing its own security cheque. VC funding tripled to $7.