Earlybird and AVP launch E2D, a €500M defence and dual-use growth fund

Earlybird and AVP have announced the launch of E2D, a €500 million growth-stage fund focused on defence and dual-use technologies. The fund will invest in European defence and deeptech companies and represents a collaboration between the two firms. Its limited partners include major financial institutions and corporates, with a first close scheduled for June 30.