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DTCP closes €455M defence fund to scale Europe’s strategic tech capabilities

First reported Source: Tech.eu + 1 moreLast editorial activity
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What happened

DTCP closes €455M defence fund to scale Europe’s strategic tech capabilities, according to Tech.eu and Sifted. The Fund brings together a strong group of European institutional and strategic investors, including Deut... The Fund brings together a strong group of European institutional and strategic investors, including Deutsche Telekom, Porsche SE, EIFO, Danica and SmartCap.

DTCP Defence is Europe-led and NATO-aligned, focusing on early-growth and growth-stage technology companies developing capabilities critical to European defence, security and resilience. The strategy focuses on AI, autonomous systems, cyber defence, secure communications and space technologies, with a particular focus on Series B and later equity financing rounds. The fund has already made investments in Six Robotics and Kraken Technology Group, with a third investment underway.

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