Published by Global Banking & Finance Review®
Posted on February 13, 2026
1 min readLast updated: February 13, 2026
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Stark Defence, a German drone maker, raised over 1 billion euros in funding, with contributions from Peter Thiel's Founders Fund and European investors.
FRANKFURT, Feb 13 (Reuters) - Stark Defence took on new funding from investors a few weeks ago, increasing the overall value of the German startup firm and drone maker to more than 1 billion euros ($1.2 billion), Manager Magazin reported on Friday.
Without specifying its sources, the magazine said Peter Thiel's Founders Fund contributed a "double-digit" million euro amount, while European investors also took part in the funding round.
Stark did not immediately respond to a request for comment. Manager Magazin said the company declined to comment.
Documents seen by Reuters showed on Tuesday that the German government plans to order strike drones worth 536 million euros from Stark and from Helsing, another German defence contractor.
($1 = 0.8434 euros)
(Reporting by Ludwig Burger, editing by Thomas Seythal)
Venture capital is a type of private equity financing that provides funding to startups and small businesses with long-term growth potential in exchange for equity, or ownership stake.
A funding round is a stage in the process of raising capital for a business, where investors provide money in exchange for equity or debt.
A startup is a newly established business, often in the early stages of development, focused on bringing a unique product or service to market.
Company valuation is the process of determining the economic value of a business, often used for investment purposes, mergers, or acquisitions.
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