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

AI Analysis

Lithuania has taken a proactive stance in investing in its defense, setting aside 5-6% of its GDP for military spending. This decision comes as Europe wakes up to the need for increased defense investment. The country's painful history with Soviet occupations likely influenced this choice.A new era of European VC funding is also emerging, with investors pouring resources into supporting countries like Lithuania in their military modernization efforts. This trend is significant, highlighting the growing recognition of the need for stronger defenses across the continent.The implications of these developments are far-reaching, with potential consequences foegional and global security. As tensions between nations continue to escalate, it's essential to consider the long-term effects of such investments and their impact on international relations.

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Original Article

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 […]

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