国防科技2025

Defence, Security, and Resilience (DSR) Definitions Companies that enhance military capability, protect critical infrastructure, and strengthen societiesto withstand and recover from crises. Developed together with NATO Innovation Fund (NIF). Defence First Core company focus are technologies applied for military use. Defence Applications Companies working on different segments, one of the main one being defence. 1Defense Tech in 2025 2Investor ecosystem 3Talent analysis Defence VC fundingin Europe hasalready reached$1.5B in 2025, themost active yearever Mega rounds, including the$600M funding by Helsing,made up over three quartersof the funding this year Venture Capital investment in NATO defence and defence application tech startups» view online NATO has seenhuge growth with$9.1B in VC fundingraised in 2025 sofar, already 1.4xmore than in all of2024 ▊$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+)▊Projected Fuelled by large rounds byAnduril, Saronic and AppliedIntuition Defence is growingmuch faster thanany other VC sectorin Europe Comparison of VC funding by selected sectors in Europe It is projected to be thefastest growing segment interms of European VC fundingin the last year The US makes up85% of defencetech VC fundingamong NATOallies since 2019,followed by EU27with 10% The US is still dominating defence funding in 2025, but EU 27 has grown notably inthe last three years Defence Tech hasgrown to attract4% of totalEuropean VCfunding, up from0.5-1% till 2020 Among all NATO alliedcountries Defence Tech isnow making up 4.2% of allVC funding. EU 27 reached an evenhigher 6.2% in 2025. Defence expenditure in theEU is expected 2.1% of theGDP in 2025 according toEDA, crossing for the firsttime the historical 2%NATO target but still fallingshort of the new revised3.5% target.* Defence Tech is stilla relatively newsector in venturecapital, with anemerging cohort ofcompaniesexperiencingstrong VC fundinggrowth Germany is dominating defence tech funding, both in absolute terms and as a % ofoverall VC funding Munich hasattracted themost VC fundingin defencestartups inEurope driven byHelsing London and Paris follow. Four of the top ten hubs are inthe UK showing a distributedDefence Tech scene in thecountry. Southern Europe hubs likeLisbon (e.g. Tekever) andMadrid make it in the top 10. AI x Defence is themost fundedsegment inEuropean defence,driven by Helsing Robotics &autonomoussystems attractedby far the largestnumber of rounds,with many smallerplayers andconsolidationcoming. UAVs havedominatedinvestment activityin robotics &autonomoussystems Key Robotics & autonomous systems segments in European defence tech Key dual-use sectors like Space, Quantum and Semiconductors have also seeninvestment ramp up recently in Europe The European Quantum scene has grown massively with over 160 VC-backedstartups and funding activity already surpassing $1.6B in 2025 VC investment and number of rounds in Europeʼs Quantum startups» view online 160+VC-backed Quantum startupsHQ-ed in Europe in segments such asquantum computers & processor, quantum computing software, quantumcryptography and communications, and quantum sensing. ▊$0–1m (pre-seed)▊$1–4m (seed)▊$4–15m (series A)▊$15–40m (series B)▊$40–100m (seriesC)▊$100–250m (mega rounds)▊$250m+ (mega+)▊Projection Europe is verystrong inQuantumcryptographyand computing It also fares well in Photonics,Space (EO satellites, In-Spaceoperations & Manufacturing),and drones. Simultaneously, the regiontrails far behind globalleaders in AI chips andprocessors, Launch vehicles,Humanoids andCommunication andconnectivity satellites. 300+ promising DeepTech DSR startups inEurope 1State of the Defence in Europe 2Investor ecosystem 3Talent analysis More and moreinvestors arebecominginvolved inEuropeanDefence The number of investorsactive in at least one defencedeal is projected to increase3.9x since 2019 Notable European Defence investors US investors aredriving thegrowing share offunding inEuropeandefence tech,now 40-50%,since thematuring sectoris attractinglarger roundsfrom overseas The top investorsin Defence inEurope in recentyears areDefence andSecurity focusedfunds In years prior it wasgeneralists with interest indefence who invested more inthe industry The last threeyears have seenmany newdedicated Defencefunds beinglaunched Such as ScaleWolf, Hyperion, D3Venture, Darkstar, Green FlagVentures, Keen Venture Partners,Double Tap investments,Pointman, Sec Fund, DefenceInvest, FNX Ventures, Paralos,Archangel VC, Final Frontier… Defence specialist funds have been part of over one third of all defence rounds inEurope in 2025, nearly double last yearʼs share and up from nearly nothing before 2022 Europe defence investors list» view online 1State of the Defence in Europe 2Investor ecosystem 3Talent analysis 14% of Defence Tech founders have military or MoD experience, m