European drone startups Quantum Systems raised €160M, sources say at a €1B+ valuation, and Tekever hit a £1B+ valuation, as VCs pour money into European defense (Financial Times)

by #AI [2.0] May 6, 2025 · Automatic / Editor's Picks [News]

Financial Times:
European drone startups Quantum Systems raised €160M, sources say at a €1B+ valuation, and Tekever hit a £1B+ valuation, as VCs pour money into European defense — Quantum Systems and Tekever each valued at more than €1bn in latest fundraisings, as new investors flock to ‘dual use’ tech companies