German-British defense startup Hypersonica raises €100 million in Series B funding led by Lightspeed Ventures and General Catalyst for hypersonic missile development.
Amount Raised
€100 Million
Round Type
Series B
MunichAerospaceInvestors
Description
Hypersonica, a German-British defense startup based near Munich, has closed a €100 million Series B funding round led by U.S. venture capital firms Lightspeed Ventures and General Catalyst, with participation from existing investors including Plural. The capital will support development of the company's HS-1 hypersonic missile prototype, with plans to achieve deployable capabilities and mass production by 2029. The startup also intends to develop its own solid-propellant rocket engine and conduct advanced testing in 2027 focusing on guidance and maneuverability
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Funding Insights
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