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Tech & Startups

BAE-backed Expeditions raises €197M fund for European defence startups

The Next Web Poland 07 July 2026, 12:59 UTC 2h ago

BAE-backed Expeditions raises €197M fund for European defence startups — The Next Web

Expeditions, the Warsaw-based venture firm backed by BAE Systems and the NATO Innovation Fund, has closed a €197m ($225m) fund to back the next wave of European defence startups. The raise caps a boom that has seen defence prime BAE commit €50M to outside VCs and venture capital pour into the continent’s defence tech at record speed. The […] This story continues at The Next Web

This story was reported by The Next Web. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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