LATEST EDITION
No. 01
4 November 2026
Week of 28 October – 4 November
Spain gains firepower; counter-drone leads defence seeds
- 01Spain. Two new €100M deep-tech funds: Talde’s Gálate Deeptech I (tickets from €150K, with semiconductors, robotics and aerospace in scope) and Big Sur Ventures’ BSV IV Ariadne for seed. Allox closes a €9.4M seed with CDTI co-investing.
- 02Defence. Gallium Defense (Paris) raises a €7.1M seed for an X-band radar that detects small drones and swarms at 10 km; Hypersonica closes a €100M Series B led by Lightspeed and General Catalyst.
- 03Robotics. Bleu Robotics (Paris) raises a €5M pre-seed so humanoids learn tasks from a single demonstration; in Korea, MOVIN closes a Series A for physical-AI motion data.
- 04Space & public funding. Large seeds for MP Space (A$23M) and Rendezvous Robotics ($20M); NATO DIANA signs its first agreement with Ukraine, and CDTI raises Neotec to €43.4M with a defence allocation.
WHAT IT MEANS
Seed rounds are inflating, so angels add most value at pre-seed or alongside a lead fund. Public money is increasingly tagged as defence and dual use: a Spanish dual-use start-up can now leverage substantial non-dilutive funding on top of its private round.
