Earlybird and AVP launch E2D, a €500M defence and dual-use growth fund
Earlybirdand AVP have announced the launch of E2D, a €500 million growth-stage fundfocused on defence and dual-use technologies. The fund will invest in Europeandefence and deeptech companies and repr... Earlybird and AVP have launched E2D, a new growth fund focused on defence and dual-use technologies, aiming to provide European startups with the capital and support needed to scale within the region.
Key Takeaways
- VC Fund Earlybird and AVP launch E2D, a €500M defence and dual-use growth fund Earlybird and AVP have launched E2D, a new growth fund focused on defence and dual-use technologies, aiming to provide European startups with the capital and support needed to scale within the region.
Tamara Djurickovic 2 hours ago Share Share Send email Copy link Earlybird and AVP have announced the launch of E2D, a €500 million growth-stage fund focused on defence and dual-use technologies.
- France has committed €76 billion to defence investments, Germany €152 billion, while the European Union has outlined an €800 billion defence plan.
Against this backdrop, E2D seeks to address a longstanding funding gap for European defence and dual-use companies, which have often relied on overseas investors to secure growth capital.
- By partnering with Earlybird in this Franco-German alliance, we will be able to move fast and invest in the companies that will have the greatest potential impact.
The best European defence companies need investors who bring real sector conviction and pan-European reach; that's exactly what this partnership delivers, said Benoit Fosseprez , General Partner at AVP.
- This will foster a more resilient and sovereign European ecosystem and ultimately unlock superior value for investors, added Roland Manger , co-founder of Earlybird.
Beyond capital, the partnership aims to provide portfolio companies with access to a network of technology experts, operators, defence leaders, military procurement channels, and major industry players.
- What would you like us to deliver to you?
Stats & Key Facts
- #Earlybirdand AVP have announced the launch of E2D, a €500 million growth-stage fundfocused on defence and dual-use technologies.
- #Tamara Djurickovic 2 hours ago Share Share Send email Copy link Earlybird and AVP have announced the launch of E2D, a €500 million growth-stage fund focused on defence and dual-use technologies.
- #Its limited partners include major financial institutions and corporates, with a first close scheduled for June 30.
- #France has committed €76 billion to defence investments, Germany €152 billion, while the European Union has outlined an €800 billion defence plan.
Earlybird and AVP have launched E2D, a new growth fund focused on defence and dual-use technologies, aiming to provide European startups with the capital and support needed to scale within the region. VC Fund Earlybird and AVP launch E2D, a €500M defence and dual-use growth fund Earlybird and AVP have launched E2D, a new growth fund focused on defence and dual-use technologies, aiming to provide European startups with the capital and support needed to scale within the region. Tamara Djurickovic 2 hours ago Share Share Send email Copy link Earlybird and AVP have announced the launch of E2D, a €500 million growth-stage fund focused on defence and dual-use technologies.
The fund will invest in European defence and deeptech companies and represents a collaboration between the two firms. Its limited partners include major financial institutions and corporates, with a first close scheduled for June 30. The launch comes amid a significant increase in defence spending across Europe.
France has committed €76 billion to defence investments, Germany €152 billion, while the European Union has outlined an €800 billion defence plan. Against this backdrop, E2D seeks to address a longstanding funding gap for European defence and dual-use companies, which have often relied on overseas investors to secure growth capital. AVP and Earlybird bring complementary capabilities to the partnership, combining AVP's growth-stage and transatlantic investment experience with Earlybird's long-standing track record in European deeptech investing.
For more details please read the original article at Tech.eu.
Continue Learning
Comments
Sign in to join the conversation