Defence, security and resilience funding in Europe grew 4x in 5 years: Sander Verbrugge episode artwork

EPISODE · Mar 27, 2026 · 22 MIN

Defence, security and resilience funding in Europe grew 4x in 5 years: Sander Verbrugge

from Scaling Europe · host Sebastian Johnson

Defence, security and resilience startups in Europe have grown 4x over the past five years, with funding now reaching nearly $9 billion as larger rounds start to emerge.Sander Verbrugge, Partner at the NATO Innovation Fund, says the ecosystem is now producing companies with real revenue and scale. He argues the bigger issue is awareness.The Scaling Europe show is presented by Deel - check them out here:https://get.deel.com/ruynb7o4lfjkSponsors:SurrealDB: The multi-model database for AI agents. Check them out here: https://surrealdb.com/Omni: The AI analytics platform trusted by fast-growing companies like Perplexity, Synthesia, and dbt Labs. Check them out here: https://omni.co/Venture Comet: The platform that gives startups and scale-ups real-time equity tracking, daily business insights and automated management information. Check them out here: https://venturecomet.com/Timestamps:0:33 - Introduction to NATO Innovation Fund2:11 - DSR startups funding growth and 4x increase3:18 - What defence, security and resilience actually mean5:31 - Why larger rounds are driving the ecosystem7:20 - Key hubs across Europe and rise of new regions9:04 - Where more funding is still needed11:02 - How NIF evaluates and deploys capital13:01 - Changing attitudes towards defence investing16:01 - Specialist vs generalist investors in defence18:00 - Portfolio examples and companies to watch20:33 - Why awareness is Europe’s biggest challenge

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Defence, security and resilience funding in Europe grew 4x in 5 years: Sander Verbrugge

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