Germany's Stark valued at more than 1 billion euros in funding round, says Manager Magazin

Team Stark prepares the Raven drone for the SPECTRA Practice Week at the Erding Air Base, Germany, December 4, 2025. REUTERS/Angelika Warmuth · Reuters Reuters Fri, February 13, 2026 at 7:05 AM GMT 1 min read

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)

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Source: “AOL Money”