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902 BAE-backed Expeditions raises €197M fund for European defence startups

The Next Web
Ana-Maria Stanciuc @ The Next Web · 07/07/2026 08:59 EDT

Expeditions, the Warsaw-based venture firm backed by BAE Systems and the NATO Innovation Fund, has closed a €197m ($225m) fund to back the next wave of European defence startups. The raise caps a boom that has seen defence prime BAE commit €50M to outside VCs and venture capital pour into the continent’s defence tech at record speed. The […]
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