Tech.euJohn Reynolds
British-German defence startup Hypersonica raises €100M
A British-German defence startup developing hypersonic long-range missiles which travel at ultra-high speeds has raised €100m in funding, it said today
Hypersonica has raised the Series B funding, in a round co-led by US investors Lightspeed and General Catalyst, which are big investors in European defence startups, with participation from existing investors including Plural and 201 Ventures.
The Series B follows its €23.2m Series A in February this year, led by Plural, with General Catalyst and 201 Ventures also participating.
The startup, which is headquartered in Munich with a subsidiary in London, is looking to develop military technology quicker and cheaper than traditional defence firms while ensuring Europe has a sovereign long-range…
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