VCs have become more interested in raising funds able to invest in defence, but one big sticking point is that it’s a no go for many of their investors.

Pro
Analysis
February 19, 2025
Meet the LP which won't back VCs unless they can back weapons
Estonian state-backed LP SmartCap recently launched a €100m defence fund that CEO Sille Pettai says aims to take “risks” on first-time GPs
5 min read
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