DTCP raises €455m first close for a new defence fund. Growth investor DTCP has reached the first close on a €455 million defence-focused fund and has already made two investments. The move comes as European capital shifts toward dual-use and security technologies, with investors looking for resilient demand and faster procurement tailwinds. Key takeaway: Defence is becoming one of Europe’s most active VC themes as generalist funds rotate toward categories with clearer budgets and strategic urgency. 🔗 https://sifted.eu/ #Startup #EuropeanTech #Fintech