War brings lots of problems. Deaths, diseases, chaos, ruins, and more serious disasters will face the country that is at war. But if you take a look globally, war uses resources that won’t be recycled anymore. Such resources are needed to discover space and to create technologies that would solve many global problems. Unfortunately, while there is at least one person interested in a conflict, there will be a conflict that might rise into war. Technologies changed everything and influenced our lives. Instead of going to war, better go test your luck with NZ online casino. Play fair and have fun!
Historically, the defense sector has not been very attractive to investors. But now several European countries are thinking about improving their defense capabilities. They are ready to support the relevant technologies.
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Improbable
Improbable is a British company founded by Herman Narula that develops virtual gaming experiences in the Metaverse. It also provides the infrastructure for training simulations. The technology is already being used by the UK Department of Defense. The startup was founded in 2012 and raised $100 million in November 2022 at a $3 billion valuation.
EclecticIQ
Founded in 2014, the cybersecurity company is based in the Netherlands. It offers organizations and governments technologies to analyze, find and respond to threats that may threaten their operations. In 2020, it closed the Series C round with €20 million.
Living Optics
This is a spin-off of the Department of Physics at the University of Oxford. The company is building computational hyperspectral cameras, making the benefits of the technology available in the real world, potentially for dual-use purposes. The startup raised a £20m Series A round in 2022 from investors such as Oxford Sciences Enterprises, Octopus Ventures, and Braavos.
Preligens
Founded in 2016, the Paris-based startup Preligens (formerly known as Earthcube) develops advanced geospatial monitoring solutions using geospatial data analytics and AI. The company supplies its product exclusively to governments. Most of the business is in France, but it is gaining momentum abroad. In 2020, the company raised €20 million in a Series A round involving Ace Management and Definvest.
Hala Systems
Founded in 2017 in Portugal, Hala Systems has developed an early warning system for civilians to detect and predict threats. It was used in Syria and is currently used during the Russian-Ukrainian conflict. In 2019, the startup closed a $1 million angel investment round.
Blackshark.ai
An Austrian startup is developing a geospatial platform with the intention of creating a 3D digital twin of the entire planet. It was founded in 2020, is growing rapidly, and operates mainly in the direction of B2G (business-to-government, “business for government”). In 2021, Blackshark.ai reported that it had raised $20 million in a round led by Microsoft M12 and Point72 Ventures.
BforeAi
A French startup offers AI-powered predictive analytics and is able to spot threats in hours instead of weeks. These future-oriented solutions are at the forefront of cybersecurity and defense industry development. The startup was founded in 2019, and in November 2022 it closed a €4 million Series A funding round.
Counter Craft
Spanish CounterCraft was founded in 2015. It has developed an innovative security solution. It uses specific methods and tools to deceive the enemy in order to identify, study and manipulate threats through controlled, ultra-realistic synthetic environments. The company recently received approval to participate in a US government framework contract to support cyber operations. In total, Countercraft raised $9.7 million in investments.
Helsing AI
German startup Helsing has developed an AI program that collects information from sensors on military vehicles. Based on the received video and radio frequencies, echolocation, and infrared data, battle maps are created in real-time. The company was founded in 2021, and in November 2021 closed a series A round for €102 million, which was led by Daniel Ek’s Prima Materia.
