Investors pour billions into Europe’s AI and defence start-ups
Valuations soar as venture capital flows to groups tied to continent’s security and economic sovereignty
Valuations soar as venture capital flows to groups tied to continent’s security and economic sovereignty

Interest in AI and defence tech start-ups has boosted investor activity after a prolonged slowdown

Industry executives say key aim is to secure European funding as well as contracts with governments

Investors hunt for winners in market that for years has lagged behind Wall Street’s rally

If the region fails to lead on safe and secure AI, it risks remaining stuck on the wrong side of the tech wall

Henna Virkkunen says 10% of investment should be directed to artificial intelligence and quantum computing developed in EU

Executives face choice between cutting returns to shareholders, raiding reserves or tapping the markets