Hamburg-based DTCP, a worldwide funding administration platform with greater than €3 billion in AUM, right now introduced the launch of the €500 million fund ‘Mission Liberty’, its eighth fund and its first devoted completely to protection, safety, and resilience applied sciences.
The fund is independently managed by DTCP and targets institutional buyers, household workplaces and company buyers. Its goal is to help the expansion of European protection and dual-use know-how corporations and to contribute to Europe’s technological functionality and safety resilience.
Vicente Vento, CEO of DTCP, feedback: “Mission Liberty represents a extremely constant extension of our position as a specialist funding platform. Protection and resilience have been converging with know-how and infrastructure investing for greater than a decade – exactly the place DTCP, by way of DTCP Progress and DTCP Infra, has deep experience and quite a few touchpoints with the protection trade. There are few areas that match extra naturally with our current platforms.”
Throughout 2025–2026, EU-Startups protection reveals steadily rising capital flows into European defence, dual-use and adjoining cybersecurity applied sciences, albeit largely at early and mid-stage ranges.
Germany noticed Project Q safe a €7.5 million Seed spherical to broaden its Web-of-Defence (IoD) platform. In Northern and Japanese Europe, Lithuania-based Repsense raised €2 million to scale its NATO-deployed threat-detection analytics, whereas drone developer Monopulse secured €1.12 million to broaden NATO-grade UAV manufacturing.
On the development and infrastructure finish of the spectrum, Dutch DefenseTech firm Destinus added €50 million in financial institution financng to help autonomous aerospace methods, bringing its complete capital raised near €400 million.
Alongside company-level rounds, EU-Startups has additionally reported on the emergence of devoted defence-focused funding automobiles, together with Keen Venture Partners’ defence tech fund concentrating on €125 million, and Expeditions Fund II, which raised over €100 million for investments spanning cybersecurity, AI, quantum and defence applied sciences.
Taken collectively, these bulletins account for roughly €300 million in disclosed capital and illustrate a market the place most funding stays fragmented throughout smaller rounds and thematic funds.
Towards this backdrop, DTCP’s €500 million Mission Liberty stands out as a materially bigger, later-stage-capable car, signalling a shift from predominantly Seed and early-growth financing in the direction of extra substantial swimming pools of capital aimed toward scaling European defence and dual-use know-how corporations.
“For many years, Europe has underinvested in protection whereas geopolitical dangers have steadily elevated. In parallel, we’re witnessing a profound technological transformation throughout the whole worth chain – from surveillance and sensing to software-defined methods, superior supplies, autonomous platforms, and satellite tv for pc and communications infrastructure.
“As main Western governments have now launched into a long-term and irreversible path to modernise their protection capabilities, we’re extremely assured within the structural development prospects of this sector for many years to come back,” provides Vicente.
Based in 2015, DTCP is a worldwide funding administration platform. The agency manages roughly €3 billion throughout a number of know-how and infrastructure funds and has accomplished greater than 50 investments worldwide, together with over 19 profitable exits.
Its current portfolio has a robust deal with cybersecurity and AI corporations, together with Arctic Wolf, Axonius, Zenity, Anomali and Ox Safety. That is complemented by dual-use corporations such because the German DefenseTech unicorn Quantum Programs.
Whereas Europe stays the clear funding focus, ‘Mission Liberty’ might also selectively spend money on protection and safety applied sciences from NATO member states and shut allies the place such investments are strategically related to European safety pursuits.
This comes one year after DTCP raised €420 million for their growth fund.
Thomas Preuß, Managing Accomplice at DTCP and Chief Funding Officer of ‘Mission Liberty’: “We named the fund Mission Liberty as a result of it’s about greater than capital alone. Technological functionality is a core prerequisite for Europe’s sovereignty, safety, and democratic stability. Our goal is to help the event of a robust European safety structure by way of focused investments in scalable, high-performance applied sciences.
“On the similar time, Mission Liberty follows a transparent, return-driven funding strategy. We mix capital with deep operational experience, a global community, and long-standing expertise working with industrial companions and public-sector stakeholders. On this sector, entry, governance, and the power to scale are vital – and that is the place we consider DTCP brings distinct worth as a long-term, lively investor.”
With ‘Mission Liberty’, DTCP is actively investing in European protection and dual-use know-how corporations throughout Sequence A to C financing phases. The fund plans to make investments in as much as 30 corporations, with a mean funding measurement of roughly €20 million.
The funding focus is on corporations that complement current protection and safety methods or advance them by way of new technological approaches. Key areas of focus embody software program options, cyber protection, AI and autonomous methods.
