Frankenburg Technologies

1. 28 Mar 2025

   Growth

   €4.0M

   Cumulative €4.0M

2. 24 Feb 2026 · +11 mo

   Series A

   €30.0M

   Cumulative €34.0M

Amounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.

• Funding24 Feb 2026EUR 30.0M

  Frankenburg Technologies raised EUR 30.0M in Series A, led by Plural.

  ▸Source: ArcticStartup

  Read at ArcticStartup

• Funding28 Mar 2025EUR 4.0M

  Frankenburg Technologies secured EUR 4M, split equally between Blossom Capital II LP and existing investor Shellona Ltd.

  ▸Source: en.ain.ua

  Read at en.ain.ua

• Kusti Salm

  Chief Executive Officer

• Taavi Madiberk

  Non-Executive Chair & Co-founder

Raised €34.0M to date · FY2025 turnover €1.3M · 48 employees

• Headcount 7 → 48 over FY2024→FY2025.
• ≈€30K turnover per employee (FY2025).

What does Frankenburg Technologies do?

European defence company building affordable, mass-manufacturable missile systems. Flagship Mark I is the world's smallest/lowest-cost guided interceptor for counter-drone point defence. CEO is ex-Estonian MoD secretary Kusti Salm.

When was Frankenburg Technologies founded?

Frankenburg Technologies was founded in 2024.

Where is Frankenburg Technologies headquartered?

Frankenburg Technologies is headquartered in Tallinn, Estonia.

How much funding has Frankenburg Technologies raised?

Frankenburg Technologies has raised €34.0M (across 2 rounds · last 24 Feb 2026).

What was Frankenburg Technologies's latest funding round?

Frankenburg Technologies's most recent disclosed round was a Series A round of €30.0M, announced 24 February 2026.

Who has invested in Frankenburg Technologies?

Investors in Frankenburg Technologies include Plural, SmartCap.

What is Frankenburg Technologies's revenue?

Frankenburg Technologies reported €1.3M in turnover for FY2025, per official registry filings.