In defense tech, Lithuania’s sovereign VC fund is one step ahead

Europe is waking up to the need to invest in defense, and so are European VCs. But with a painful history of Soviet occupations, Lithuania didn’t wait for the third anniversary of Russia’s invasion of Ukraine to reach its third anniversary to commit 5% to 6% of its GDP to military spending — and fund […] © 2024 TechCrunch. All rights reserved. For personal use only.

Mar 8, 2025 - 16:05
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In defense tech, Lithuania’s sovereign VC fund is one step ahead

Europe is waking up to the need to invest in defense, and so are European VCs. But with a painful history of Soviet occupations, Lithuania didn’t wait for the third anniversary of Russia’s invasion of Ukraine to reach its third anniversary to commit 5% to 6% of its GDP to military spending — and fund […]

© 2024 TechCrunch. All rights reserved. For personal use only.