Airbus anchors €500M European defence tech fund as E2D makes first investment in Alta Ares
Tech.eu Cate Lawrence
Airbus Defence and Space has become the anchor investor in E2D, a €500 million European defence technology fund jointly managed by Earlybird and AVP. The fund is making its first investment in Alta Ares, a French company developing AI-powered hardware and software for surveillance and counter-drone systems, with plans to invest in around 20 companies at approximately €25 million per ticket. This deployment of capital aims to strengthen European defence capabilities and reduce reliance on external technology sources.
Why it matters
Earlybird and AVP are pleased to welcome Airbus Defence and Space as the anchor investor in E2D, the €500 million dual-use and defence technology growth fund the two firms launched last month. The fun...
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