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BREAKING11:33 CST · TUE, JUN 23
AI

Stark bags €500 million in new funding

German weaponised-drone startup Stark raised €500M, valuing the company at €3.5B, with Sequoia, Founders Fund, and the NATO Innovation Fund among investors.

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Stark, the German defence tech startup focused on weaponised drones, has raised €500 million in new funding, the company confirmed on June 23. The round values Stark at €3.5 billion.

Investors include Sequoia, Founders Fund, the NATO Innovation Fund, Project A, Air Street Capital, 201 Ventures, Advent, and Döpfner Capital. The startup is also backed by US technology billionaire Peter Thiel.

Founded in 2024, Stark said more than 80 per cent of the capital will go directly into R&D and manufacturing. The company plans to use the funds to build new electronic warfare research facilities, scale production output, and develop sovereign defence capabilities.

CEO and founder Uwe Horstmann framed the raise as a supply-side bet on European defence industry: "This financing is a €500 million commitment to Europe's defence industrial base — funding the engineers, factories and technologies that Europe needs now."

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