Funding rounds
Announced	Stage	Amount	Valuation	Lead investors	Other investors	Confidence
Feb 24, 2026	Series A	~$35.5M	$400M?	Plural	SmartCap	Confirmed
Mar 28, 2025	Seed	~$4.3M	$161M	Blossom Capital, Shellona	—	Reported
2024	Seed	€1.5M	—	Shellona	—	Reported

Series A
Led by Plural
With SmartCap
Valuation $400M?
Confirmed
~$35.5M
Feb 24, 2026
Seed
Led by Blossom Capital, Shellona
Valuation $161M
~$4.3M
Mar 28, 2025
Seed
Led by Shellona
€1.5M
2024

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Systems1

Mark IShort-range air-defense interceptor undergoing testing and industrialization.
Prototype
—

Systems
System	Type	Maturity	Program
Mark IShort-range air-defense interceptor undergoing testing and industrialization.	Interceptor	Prototype	—

Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.

Capabilities2

Capabilities
Technology	Role	Maturity	TRL	Notes	Confidence
Advanced manufacturing and materials	Developer	—	—	classify_sectors run 37, haiku, taxonomy 2026-10-18b: Develops missile defense systems and the manufacturing capacity to produce them.	Reported
Air and missile defense	Developer	—	—	classify_sectors run 37, haiku, taxonomy 2026-10-18b: Develops missile defense systems and the manufacturing capacity to produce them.	Reported

Advanced manufacturing and materials
Developer
classify_sectors run 37, haiku, taxonomy 2026-10-18b: Develops missile defense systems and the manufacturing capacity to produce them.
—Reported
Air and missile defense
Developer
classify_sectors run 37, haiku, taxonomy 2026-10-18b: Develops missile defense systems and the manufacturing capacity to produce them.
—Reported

Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.

People4

All 4 people →

People
Person	Role
Marko Virkebau	Co-Founder
Taavi Madiberk	Co-Founder
Kusti Salm	CEO
Veiko-Vello Palm	Chief Operating Officer

Sources12

Show all 12 sources and supporting evidence

Profile5

1
CompanyFrankenburg Technologies – Guided Missile Systems
Frankenburg Technologies · Supports Organization · name
“Frankenburg Technologies – Guided Missile Systems”
2
CompanyFrankenburg Technologies – Guided Missile Systems
Supports Organization · name
“air and missile defence is becoming a cost, scale and replenishment contest. Frankenburg builds affordable, mass-manufacturable guided interceptor missile systems”
3
DatabaseFrankenburg Technologies - PitchBook company profile
PitchBook · Supports Organization · employee range, Organization · linkedin url, Organization · x url
“employee_range: 51-200 (profile: 80)”
4
ResearchFrankenburg Technologies – Strategic Technological Analysis
Defence Finance Monitor · Supports Organization · name
“Frankenburg Technologies is an emerging European defense startup at the forefront of counter-drone missile innovation. Headquartered in Estonia, this company”
5
DatabaseFrankenburg Technologies — country
Crunchbase · Supports Organization · country, Organization · linkedin url, Organization · x url
“Location:Tallinn,Harjumaa,Estonia”

Systems1

6
CompanyFrankenburg Technologies raises €30M to build Europe’s next-generation missile manufacturing capacity
Frankenburg Technologies · Supports Funding round, Organization, Role, System
“has raised €30 million in Series A funding, led by [**Plural**](https://www.pluralplatform.com) and followed by [**SmartCap**](https://smartcap.ee).”

Funding5

7
CompanyFrankenburg Technologies raised EUR 30 million in Series A funding round
Cobalt · Mar 3, 2026 · Supports Funding round · amount, Organization · ownership
“raised €30 million in Series A funding”
8
NewsFrankenburg confirms €30M funding to build more EU-made rockets
Resilience Media · Feb 24, 2026 · Supports Funding round · post money valuation usd
“had raised up to $50 million at a valuation of around $400 million”
9
NewsEstonian Frankenburg Technologies raises €4M investment
AIN.UA · Mar 28, 2025 · Supports Funding round · amount
“Estonian defense company Frankenburg Technologies has secured €4 million investment to develop anti-aircraft missiles.”
10
NewsEstonian company Frankenburg Technologies raises €4M
BalticVC · Mar 28, 2025 · Supports Funding round · amount
“In November 2024, the company raised €1.5M from Shellona.”
11
NewsFrankenburg has raised up to $50M at a $400M valuation, say sources
Resilience Media · Supports Funding round · post money valuation usd
“a post-money valuation of around $161 million (€160 million)”

People1

12
DatabaseFrankenburg Technologies - LinkedIn company profile
LinkedIn · Supports Organization · employee range, Organization · linkedin url, Role
“employee_range: 51-200 (profile: 51-200 employees)”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.