Investors confront top of European defence start-up “hype cycle”

Archangel Ventures GP Nicholas Nelson has received about 1,200 pitches from European defence technology start-ups this year. The pitches have ranged from detailed presentations to a handful of slides, two page memos and even a single drawing.

While investors welcome the influx of much-needed capital to help Europe re-arm, there is a concern that hype is outrunning reality.

Read more about it on Financial Times where Nicholas Nelson gives his thoughts on the matter.