Hypersonica raises €100M for hypersonic deep-strike

Munich-based defence startup Hypersonica announced a €100 million Series B financing round on November 2, 2026, with Lightspeed and General Catalyst co-leading the deal. The company said it will use the capital to accelerate development of its hypersonic deep-strike systems, expand testing and operations, and support reindustrialisation efforts across Europe.

Hypersonica said the round also included existing investors Plural, 201 Ventures and Germany’s Federal Agency for Breakthrough Innovation, SPRIND. Ground News reported that people familiar with the deal valued the company at around €700 million.

The company, which describes itself as a British-German defence business founded in 2023, is headquartered in Munich with a subsidiary in London, according to Tech.eu. Hypersonica said it develops, owns and controls its technology in Europe and is focused on delivering sovereign, ITAR-free capability for European allies.

What does Hypersonica say it is building?

Hypersonica says it is building sovereign hypersonic deep-strike systems for Europe and its allies. In its announcement, the company framed the technology as a long-range precision strike deterrent designed to use hypersonic speed and manoeuvrability to defeat current missile defences.

Tech.eu described the startup as developing hypersonic long-range missiles, while ADS Advance reported that Hypersonica linked the funding announcement to its February 2026 HS-1 prototype flight test. The company said that test exceeded Mach 6 and travelled more than 300 kilometres.

Hypersonica said that, after the February test, it expanded its engineering team, deepened engagement with governments and strengthened partnerships across the European defence industrial base. The company also said Series B marks its transition from demonstration to delivery.

Who joined the round and how was it structured?

Hypersonica said the Series B was co-led by Lightspeed and General Catalyst, with Plural, 201 Ventures and SPRIND participating as existing investors. Ground News separately reported that European investors Plural and 201 Ventures participated in the financing.

The company did not disclose a full cap table or the exact ownership stakes associated with the new financing. It also did not indicate whether the transaction included any debt component, so the round should be understood as an equity financing based on the company’s announcement.

Lightspeed partner Alexander Schmitt said the firm backed Hypersonica because of its technology and delivery capability. General Catalyst’s Jeannette zu Fürstenberg said the company was building critical technologies at speed, at scale and at a fraction of traditional-system cost.

How will the startup use the capital next?

Hypersonica said the money will accelerate development of its deep-strike systems, increase testing cadence, expand operations and support reindustrialisation across Europe. The company said the investment is expected to create hundreds of highly skilled engineering and manufacturing jobs across the UK and Germany.

The startup said it aims to develop hypersonic deep-strike systems by 2029. It also pointed to broader government demand, citing the UK Defence Investment Plan’s initial £770 million allocation over four years to the UK-German Deep Precision Strike programme under the Trinity House Agreement, and a NATO-led multinational initiative announced in July that envisages £37 billion of investment in deep precision-strike capabilities over the next decade.

ADS Advance reported that the UK-German programme is expected to focus first on ground-launched weapons, with air-launched and naval options also under review. The same outlet said the UK Ministry of Defence expects the missiles from the programme to enter service in the 2030s.

Hypersonica’s announcement comes after its €23.2 million Series A in February 2026, which Tech.eu said was led by Plural with General Catalyst and 201 Ventures also participating. The company says the latest financing moves it from prototype testing toward production and delivery, although it has not published a detailed schedule for the next flight test or for when any operational missile could enter service.