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03 Mar 2026

Frankenburg Technologies Raises €30M Series A to Build Sovereign Missile Manufacturing Capacity in Europe

"Frankenburg Technologies, a European missile‑defense startup, has raised €30 million in a Series A round (bringing total funding to €40 million) to build sovereign, mass‑manufacturable missile production capacity across multiple European sites and expand from initial operational systems to a full‑spectrum missile portfolio. The round was led by London VC Plural, with participation from SmartCap’s Defence Fund. Law firm COBALT advised Frankenburg on the transaction."

COBALT (Cobalt Legal) advised Frankenburg Technologies in the transaction. Frankenburg Technologies raised €30 million in a Series A round led by Plural, with SmartCap joining through its Defence Fund; the financing (bringing total funding to €40 million) will be used to build sovereign, mass-manufacturable missile production capacity in Europe and to expand the company from its first operational systems to a full-spectrum missile portfolio. Advising lawyers from COBALT named in the press release: - Kristel Raidla‑Talur — Partner - Paul Schifrin — Associate
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