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DACH 2026 Outlook: AI Mega-Rounds & Defense Dual-Use
The DACH startup ecosystem closed 2025 with unusually clear signals for 2026: AI mega-rounds, defense-grade dual use, and a restructuring of Europe's venture capital stack. Hosts Jörn “Joe” Menninger and Chris Fahrenbach read the signals.
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Why this episode matters: How 2025 ended tells you how 2026 begins. This roundup maps the AI mega-rounds and dual-use momentum reshaping DACH venture.
In this episode, we cover:
The AI mega-rounds closing out 2025
Defense-grade dual-use as a venture theme
How Europe's VC stack is…
The skinny
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