Reported about 2 months ago
Concerns over Donald Trump's potential return to the White House have sparked increased investments in European defense startups. Trump's threats to withdraw U.S. support from NATO and the ongoing war in Ukraine have prompted nations to bolster their defense budgets, resulting in a significant rise in military spending across Europe. The NATO Innovation Fund and the European Union's commitment to defense technology are key initiatives responding to these pressures, with venture capitalists focusing on startups in robotics, drones, and quantum computing.
Source: YAHOO