European venture, visualised as fund-level context.
Five canvases on the market the portfolio lives in — European VC by country, sector allocation, defense-tech growth, cleantech breakdown and global AI investment. Every figure is sourced from a named public report and cited below its chart.
European VC
Venture capital deployed into European startups in 2024 — by country of headquarters and deal count. The shape of the market our portfolio operates in.
Sector allocation
Where European venture capital actually went in 2024. AI and climate absorbed half; defense and dual-use grew off a small base. These are the sectors we back.
Defense-tech
European defense-tech venture funding 2019–2025 alongside NATO defence expenditure. Venture dollars are accelerating off a small base; the underlying procurement budget is an order of magnitude larger and growing.
Cleantech
European cleantech venture investment in 2024 — where the energy-transition capital lands once it hits startups.
AI
Private AI investment by country in 2024 — the global shape of the sovereign-AI conversation, and Europe's position in it.
Operating in any of these canvases?
Signal is how we keep our sector picture live. If you're building in one of these canvases, tell us what you're seeing on the ground.