Frankenburg Technologies, a leading European missile defence startup focused on affordable, mass-manufacturable missile systems and sovereign production capacity,
has raised €30 million in Series A funding, led by Plural and followed by SmartCap.Sten Tamkivi, Partner at Plural, commented: "In a world where an adversary can deploy tens of thousands of autonomous attack drones, staying safe is not rocket science: defence must be cheap, fast and count in millions of units available.
Frankenburg is tackling one of Europe's most urgent defence challenges by building credible deterrence with missiles, at startup speed. The team combines deep defence expertise with a fundamentally different manufacturing mindset, and we believe this approach can have a lasting impact on Europe's security and industrial resilience."
The new funding will be used to build tangible, sovereign missile manufacturing capacity in Europe, with a clear focus on production, resilience, and regeneration. Together, these investments are intended to enable distributed, multi-site missile production at scale, capable of sustaining high daily output across multiple locations, while strengthening the existing European defence-industrial base.
Kusti Salm, CEO of Frankenburg Technologies, commented: "Europe's deterrence problem is not just about budgets, it's about availability. You cannot do without systems that are too scarce, too slow to replace, or too expensive to use at scale. Frankenburg was built to restore speed, scale and sustainability to missile defence.
This funding allows us to put real industrial capacity behind that mission and build missile systems Europe can actually afford to fire and produce at scale."The €30 million Series A brings Frankenburg's
total funding to €40 million and will support the company's expansion from its first operational systems to a broader, full-spectrum missile portfolio. While Mark I addresses the most immediate air-defence needs, future programmes will expand beyond counter-UAS and short-range air defence into additional air- and surface-launched precision capabilities, built using the same industrialised, scalable manufacturing model.
Sille Pettai, CEO of Smartcap, commented: "Frankenburg has the founders with a can-do mentality and a team of top defence experts and engineers from the European missile industry already
rewriting the playbook of defence innovation, R&D cycle and manufacturing capabilities."For more information, visit
Frankenburg Technologies blog.
