European DefenceTech startups have secured over €1.8 billion in funding across 22 companies as of October 2026. This capital supports technologies ranging from AI-powered autonomous navigation for drones to satellite intelligence and missile defense systems.
DOD Solution raised €1.8 million in September 2026 for its AURA AI platform, while Occam Industries secured €3 million in February 2026. PDKINEMATICS closed a €2 million seed round in June 2026, and Shotling obtained €700k in pre-seed financing in February 2026.
Frankenburg Technologies raised €30 million in February 2026, bringing its total funding to €40 million. ICEYE secured a €450 million Series F round in June 2026, with total financing exceeding €1 billion including secondary transactions.
Quantum Systems announced a €1 billion Series D round in July 2026. The company plans to manufacture tens of thousands of interceptor drones in Ukraine. Additionally, the Varangians fund closed over €10 million in June 2026 to support Ukrainian defense innovation.
