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AI Mega-Rounds & Dual-Use Tech: DACH 2026's €3B VC Stack
The DACH startup ecosystem closed 2025 with unusually clear signals for 2026: AI mega-rounds, defence-grade dual-use technology, and a restructuring of Europe's venture-capital stack.
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Why this matters for deep tech: Two of the three defining 2026 signals are hard tech: €3B AI valuations and dual-use moving from story to category. This is the deep-tech repricing of Europe's venture stack in one episode.
In this episode, we cover:
Why €3B AI valuations change Europe's startup narrative
How dual-use moved from story…
The skinny
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