Europe’s defence and dual-use investment landscape. New brief by Winnovart.

Europe’s defence and dual-use technology market is attracting unprecedented attention—but capital remains highly selective. Winnovart’s new market brief examines the investor appetite, emerging funding landscape and M&A activity shaping the sector. It brings together a wider universe of companies and capital providers, highlighting under-the-radar and less obvious companies to watch across autonomous systems, resilient communications, sensing, drone operations, critical-infrastructure protection, energy resilience and defence-adjacent medical technologies. It also maps relevant investors—from established and prominent institutions to specialist and emerging funds—active across these markets. The report explores the growing role of the EIC, NATO and other European funding instruments, highlighting relevant EIC-backed companies and the evidence early-stage businesses need to present to investors. Drawing on Winnovart’s market research and interactions across the ecosystem, the brief offers a practical perspective on where capital is moving, what strategic buyers appear to value and how innovative companies can position themselves within Europe’s evolving defence and dual-use landscape.

Explore the full report → From strategic priority to investable market

Our previous brief on EIC funding for dual use and defence → https://www.winnovart.com/news/eic-x-ddu-defence-dual-use-market-intelligence