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85% of NATO’s defence-tech funding goes to the US. AVP and Earlybird raised €500M to change that.

The Next Web

TechnologyThe Next Web·Jun 18, 2026·1 min read

85% of NATO’s defence-tech funding goes to the US. AVP and Earlybird raised €500M to change that.

Europe is pledging hundreds of billions to defence. Almost none of the venture money funding the technology behind it is European. Since 2019, the US has captured around 85 per cent of all NATO defence-tech venture funding, according to…

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