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This American VC is betting on European defense tech; that’s still very unusual
Eric Slesinger is betting on European defense technology – a move that’s still considered very unusual. But then, his approach is anything but mainstream.
The former CIA officer, founder of 201 Ventures, prefers to focus on deals within the defense tech sphere in Europe despite the fact that most of his VC peers in America are more inclined towards AI startups or U.S.-based defense tech startups. His latest effort is a $22 million fund aiming to solidify his desire for this unique market strategy.
AI technology advancements have been hyped since a few years now and they’re not going away soon, but Slesinger is sticking to his guns in the defense industry. He not only believes in the potential of European defense tech, he’s actively investing in it, all the while carving an unconventional path for himself in the world of Venture Capital.
Slesinger’s strategy pays off too. Dozens of security startups from all corners of Europe are eagerly joining the defence tech market with innovative solutions. From smart surveillance systems to satellite navigation services, European defense tech is making strides forward.
Slesinger is not just contributing capital; he’s also providing sound advice, valuable networks, and practical wisdom derived from his time at the CIA. This makes Slesinger’s approach not only valuable but also distinct, creating a huge demand for his services in the European defense tech scene.
It’s true that VCs often move in herds, but with ventures like Slesinger’s happening more often and piling up some very promising investments, perhaps the rest of the VC world might also start realizing the myriad of opportunities that await in the unexplored European defense tech market.
In the near future, we may see an influx of VCs turning to Europe in
Source: AI News & Artificial Intelligence | TechCrunch, Link
#AI #Venture
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