Expeditions Raises €197 Million for 40 European Defense-Tech Startups
Updated
Updated · Bloomberg · Jul 7
Expeditions Raises €197 Million for 40 European Defense-Tech Startups
2 articles · Updated · Bloomberg · Jul 7
Summary
€197 million will be deployed by Warsaw-based Expeditions into as many as 40 early-stage European defense-tech startups, targeting technologies with immediate operational use.
The fund is aimed at building sovereign military technologies in Europe and closing critical defense capability gaps across the continent.
BAE Systems and the NATO Innovation Fund backed the vehicle, underscoring institutional support for scaling Europe’s domestic defense innovation base.