Updated: July 12, 2026
E2D European Defence & Dual-Use Fund logo
Venture Capital Firm
Space
Deeptech

E2D European Defence & Dual-Use Fund

Germany

Funding raised

€500M

About the program

Investment stage
Description

Joint venture by AVP (formerly AXA Venture Partners) and Earlybird. Targeting €500M for European defence and dual-use technology growth-stage companies. ~€25M average tickets into ~20 companies across space, air, land, maritime and subsurface domains. Franco-German anchored. Led by Benoit Fosseprez (AVP GP) and Roland Manger (Earlybird co-founder). First close June 30, 2026.

Location

Numbers

Total Funding Raised by Alumni
€500M