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Largest Defense-Tech VC Fund Hits €150M First Close

Summary by TheRecursive.com
Europe’s defense landscape is shifting as rising security threats drive record investment. Keen Venture Partners has secured over €150 million for the largest defense-tech VC fund in Europe, backed by major institutional investors including the EIF and PME.
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From previously being an underdog, it seems that European stocks have come into the spotlight of investors. The interest in Europe is actually so great that money is pouring into funds focusing on European companies. Since the beginning of the year, investors have bought Danish investment funds for more than 12 billion kroner net, which is the second highest level for all fund categories, according to figures from the banking institutions' inter…

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TheRecursive.com broke the news in on Thursday, November 20, 2025.
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