Funding
Gallos raises £35m to build and invest in defence startups
Backed by Ventura and Aberdeen, alongside founding investor Lansdowne Partners, the investment will support the platform building the next generation of security startups.
Funding
Agon emerges from stealth with $30m to build virtual training grounds for defence AI
Backed by Lakestar, Lux Capital and Northzone, the startup is led by prolific AI and tech veterans of…
Funding
Cambridge Aerospace raises $300m at $3.4bn valuation to scale interceptor production
British air defence startup Cambridge Aerospace has raised $300 million at a $3.4 billion valuation, more than doubling…
Markets at a glance
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Analysis
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Analysis
Inside SAFE: how the EU’s €150bn defence loan machine is working
With Greece the fifth recipient of SAFE financing last week, the rollout of the EU's defence financing tool has been quick, but uneven.
Funding
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Gallos raises £35m to build and invest in defence startups
Backed by Ventura and Aberdeen, alongside founding investor Lansdowne Partners, the investment will support the platform building the next generation of security startups.
Markets
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Markets
Rheinmetall revenue jumps 39% as Europe’s rearmament moves into production
The German giant reported €5 billion first-half sales and operating profit of almost €800 million, a 74% rise. Orders continued to rise with a…
M&A
Rheinmetall and Destinus set out plans for European missile venture
Rheinmetall and Destinus have agreed to form a joint venture to produce cruise missiles in Germany. The venture will be formally established in the…
Policy
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Policy
Germany to launch state-backed fund to invest in defence start-ups
Germany will launch a state-backed investment vehicle to take direct equity stakes in defence and security start-ups, the government said Wednesday. Berlin is seeking…