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/The State of Defence Investment 2024 Resilience builders in NATO & Europe
The State of Defence Investment 2024 Resilience builders in NATO & Europe
06 December, 2024
The State of Defence Investment 2024 Resilience builders in NATO & Europe
- Defence Tech now makes 1.8% of VC funding in Europe, up from 0.4% in 2022. Similarly, 2.5% across all NATO allies.
- Defence VC Investment in NATO countries is up 4x since 2019 to $3.9B in 2024 to date. By far most active year ever.
- VC funding in European Defence tech increased 5x since 2020. On track for $1B this year.
- At the time of Ukraine invasion by Russia, most of EU was underspending in respect to NATO commitments, now this is quickly changing.
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