Founders Fund Invests Millions in Stark Defense, Reaching Unicorn Status
Founders Fund and European investors have invested millions in Stark Defense, a defense technology startup founded in 2024. The company has achieved a valuation of 1.2 billion dollars. Several other European startups have also secured significant funding rounds.
Stark Defense, a DefenseTech startup founded by Florian Seibel and Sven Kruck, has received a multi-million dollar investment from Founders Fund and European investors, achieving unicorn status with a 1.2 billion dollar valuation. The company specializes in combat drones and loitering munition systems.
Additionally, Sitegeist, a Munich-based robotics startup, raised 4 million euros for automated infrastructure renovation systems. ScyAI secured 2 million euros for AI-powered risk intelligence services.
Other startups including simmetry.ai, bitsurance, and Lucid Capital also announced funding rounds, reflecting strong investor interest in European tech innovation.
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