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Startups & Venture·September 15, 2026·1 min read

The top 10 investors across DACH & CEE

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Capital in DACH & CEE is concentrating around a small set of repeat lead investors—if you’re operating there, your fundraising odds are increasingly path-dependent on getting in front of this short list early. Map which of these funds actually lead vs. follow and tune your process accordingly.

Startups & Venture

Source: defense tech startup Shield AI is in talks to raise new funds at a valuation of at least $20B; Shield raised $2B at a valuation of $12.7B in March

A potential jump from a $12.7B to $20B+ valuation in six months for a defense autonomy company shows how much capital is chasing dual-use AI and drones. If you’re in adjacent markets—sensing, comms, simulation—expect defense buyers and investors to pull you into that orbit whether you planned for it or not.