VC Firm Lakestar Raises $300 Million to Fund European Tech Sovereignty

European investment firm Lakestar has closed a $300 million Resilience I Fund designed to invest in defense and dual-use technologies that enhance Europe’s resilience capabilities, the company said in a Friday (July 17) post on LinkedIn. “As [ Klaus Hommels ], our founder and chairman, wrote last year: freedom is not for free,” Lakestar said in the post. “Sovereignty and Europe’s capabilities in critical technologies are a core concern for all of us.