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Podcast: EUVC
Episode: EUVC Live at GoWest | Europe Wants Defence Tech Without Saying “Defence”: Karl-Christian Agerup, NATO Innovation Fund & Nicholas Nelson, Archangel Ventures & Sebastian von Ribbentrop, Join Capital
Description: Is Europe’s defense investment wave real, or is it simply venture capital wrapped in a Ukrainian flag?The debate featured Nicholas Nelson, General Partner at Archangel Ventures, and Sebastian von Ribbentrop, Founding Partner at Join Capital.At stake is more than narrative. It is about capability, returns, sovereignty — and the structural future of European capital markets.Until recently, defense investing in Europe was controversial. Many institutional LPs avoided the sector. ESG mandates were interpreted narrowly. Defense was often softened under the label “dual-use.” Russia’s invasion of Ukraine changed the landscape. Defense budgets rose. Po...