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CCO, Co-Founder & NED

The European Union earlier this year unveiled its first ever defence industrial strategy, committing more than $1 billion towards military innovation. While the prospect of a Trump presidency was not the only factor behind those initiatives, it has been a significant driver of subsequent investments made by governments and venture capitalists alike in manufacturers of drones, robotics and quantum computing, the eight executives said. Operating out of Munich, Vsquared Ventures is one of Europe's leading deep-tech investors, having recently raised a 214 million euro ($237.99 million) fund to invest in space, robotics, and other technologies. "Trump's threats have made European states think very differently about investing in their own capabilities and giving contracts out, often to startups," said Herbert Mangesius, founding partner at Vsquared, which has partnered with the NATO fund.

https://www.reuters.com/markets/europe/trump-anxiety-spurs-investment-european-defence-startups-2024-08-22/

https://www.reuters.com/markets/europe/trump-anxiety-spurs-investment-european-defence-startups-2024-08-22/

reuters.com

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