Official government announcements, press releases from the startup, or coverage in reputable news outlets

Sequoia Capital Invests in German Autonomous Drone Startup Amid US Funding Surge

Oct 10, 2024, 02:54 PM

US venture capital firm Sequoia Capital has invested in a German startup that is developing autonomous attack drones. This investment is part of a broader trend where US investors are increasingly funding European defense technology startups. According to a report by the Financial Times, US funding now accounts for the largest portion of private capital flowing into the European military tech sector.