European defence tech investment reached €2.5bn in 2025, more than double the €1.2bn raised in 2024. Pre-Series B startups raised €556m this year. Experts say scaling is stalled by government procurement misallocation, with 80% of budgets spent on foreign procurement and only 20% on domestic R&D.
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Summary by ByteBrief
Alta Ares raises €50M for cheap drone interceptors