2024年国防投资状况；北约的韧性建设者&；欧洲

Page/ 2Source:Dealroom.co | Data represents the US, UK, Europe, Australia and New Zealand.Introduction: Defence and Defence applicationDual-use techAny startups developing technologies, products or services with disclosed orclearpotentialapplication in the defence sector.Examples:DefenceCore company focus are technologies applied for military use.Examples:Defence applicationsCompanies working on different segments and one application is defence.Examples: $18BVC investmentsince 2018 amongst NATOcountries and alliesKey Figures83%US share of investment since20184xGrowth in VC investmentglobally since 2018 European Defence and Dual-use tech startups YTDVenture Capital investment in European defence and defence application tech startups» View online▊$0–1m (pre-seed)▊$1–4m (seed)▊$4–15m (series A)▊$15–40m (series B)▊$40–100m (series C)▊$100–250m (mega rounds)▊$250m+ (mega+)▊ProjectedDealroom.coSource$676.5M Page/ 5VC funding inEuropeanDefence techincreased 5xsince 2020.On track for $1Bthis year. Page/ 6Defence Technow makes 1.8%of VC funding inEurope, up from0.4% in 2022.Similarly, 2.5%across all NATOallies. Page/ 7Defence VC Investment in NATO countries is up 4x since 2019 to $3.9B in 2024 todate. By far most active year ever.Defence/Defence application VC investment▊US▊Canada▊EU 27▊UK▊Rest of Europe▊Australia and New ZealandSelect Defence/Defence application rounds since 2023» View onlineYTDSource:Dealroom.co$3.9BCompanyAmountRoundDateCountry$1.5BSeries FJun 2024United States$450MSeries CJul 2024Germany$300mSeries FOct 2023United States$61.6mSeries CFeb 2024France$50mSeries CMay 2023Australia$24mGrowthEquity VCJul 2023United Kingdom VC funding amongst NATO countries in defence and defence application startups since2018Dealroom.coSource Page/ 8The US makes up83% of defencetech VC fundingamong NATOallies since 2018. Page/ 9The US spends far more than any other country on defence and over ten timesmore than the UK, Germany and France.Source:Dealroom.co; Statista, SIPRI, Barons; * Value estimated by the source; **According to Charles Michel, President of the European Council, in 2023.Military spending by country in 2023 (in billion U.S. dollars)Military spending as percentage of GDP in 2023, in highest spendingcountries Page/ 10At the time of Ukraine invasion by Russia, most of EU was underspending inrespect to NATO commitments, now this is quickly changing.Source:ecfr.eu. *The index evaluates countries' capabilities based on defence spending, troop deployments in joint missions, membership and contributions to military alliances, industrialcooperation, and military equipment. (June 2022)Europe sovereignty index - defence (2022)CountryOverallCommitmentsCapabilitiesFrance8.710.07.3Germany6.88.25.3Italy6.56.66.5Netherlands6.47.75.1Belgium6.37.55.0EU5.96.85.0Greece5.75.95.6Spain5.35.35.3Estonia4.97.02.9Poland4.96.33.4Portugal4.75.24.1Slovenia4.56.42.6Denmark4.44.54.4Lithuania4.36.42.2Finland4.26.02.4CountryOverallCommitmentsCapabilitiesCzech Rep.4.25.03.3Romania4.04.93.1Sweden3.73.83.6Luxembourg3.74.23.2Cyprus3.55.61.4Austria3.44.52.4Latvia3.44.82.0Croatia3.23.72.8Bulgaria3.23.92.5Slovakia3.13.92.3Hungary2.93.42.4Ireland2.13.11.0Malta2.13.80.4-EUspent €240 billion on defence in 2023, with €58billion on tech and innovation.-Poland'sdoubled defence budget since 2014 andreached 3.8% of GDP in 2023.-Germanyallocated €100 billion in 2022 for cyberdefence and AI.-Sweden, Lithuania, and Finlandincreaseddefence spending in 2022 to counter Russianthreats.Sweden by 30.1%, Lithuania by 27.6%, andFinland by 36%.EU countries announced ramp-up of defence plans Page/ 11Germany, UnitedKingdom, andFrance attracted87% of the totalVC investmentinto defence techin Europe since2018. Page/ 12Munich hasattracted themost VC fundingin defencestartups inEurope driven byHelsing.Six of the top 10European citiesfor defence techinvestment arein the UK. Page/ 13The top 10investors indefence anddefenceapplicationamongst NATOallies are mostlymade up of USinvestors. European defence tech VC funding by investor HQ» View onlineDealroom.coSource▊Domestic▊USA▊Asia▊Rest of world▊Undisclosed Page/ 14US investors alsoaccount for alarge share of thefunding flowingin Europeandefence tech. Page/ 15InternationalInvestorsDeep Techinvestors withinterest inDefenceGeneralists withinterest inDefenceSpace InvestorsNotable European Defence investorsDefence FocusedSource:Dealroom.co | Investors shown are not exhaustive for graphical reasons. Selection based on total number of investments in Defence and Defence Application. Explore the EuropeanDefence Investor landscape here. *BPIFrance has a dedicated €200M Defence Innovation Fund. Acquisition - $8.7B*Jul. 2024byAcquisition - €220MJun. 2024by Exits are challengingfor Defence startups,but both M&A andpublic listings offeropportunities.Dealroom.co *Not VC-backedSource Venture Capital investment in European cybersecurity startups» View online▊$0–1m (pre-seed)▊$1–4m (seed)▊$4–15m (series A)▊$15–40m (serie