Defence Finance Monitor

Defence Finance Monitor

Scaling Dual-Use Defence: Quantum Systems and Tekever Reach €1bn Valuations

May 13, 2025
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European defence technology start-ups are attracting substantial venture funding, as noted by recent reports. Financial Times (May 6) reports investors are putting hundreds of millions of euros into Germany’s Quantum Systems and Portugal’s Tekever, valuing each at over €1bn. These rounds underline rising appetite for dual-use drones capable of both civi…

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