Unclassified // open-source data on European defence tech
Loitering Munitions sector
Berlin, Germany

STARK

Develops and manufactures the Virtus long-range loitering munition and related strike drone systems for European armed forces.

US soldiers launch a Switchblade 600 loitering munition, Grafenwoehr. Photo: U.S. Army TSAE by Sgt. Cody Nelson, Public domain (PD-USGov-Military-Army).

Latest round€500MSeries C, 23 Jun 2026
Total raised~€640-660M~€640-660M (Bloomberg: >€660M)

Round details

Series C, €500M at ~€3.2-3.5B valuation, 23 Jun 2026.

Why it matters

NIF-backed; ~€269M Bundeswehr loitering munition order (Feb 2026); Virtus reportedly failed strike attempts in Oct 2025 UK/German trials.

Key figures confirmed by multiple sourcesLast checked 21 October 2026

STARK: key questions

What does STARK do?

Develops and manufactures the Virtus long-range loitering munition and related strike drone systems for European armed forces.

Where is STARK based?

STARK is headquartered in Berlin, Germany. It was founded in 2024.

How much funding has STARK raised?

Total funding is ~€640-660M (Bloomberg: >€660M), based on announced and reported rounds. Latest round: Series C, €500M at ~€3.2-3.5B valuation, 23 Jun 2026.

Who are STARK's investors?

Notable investors include Sequoia Capital, Founders Fund, NATO Innovation Fund.

Sources

  1. thenextweb.com/news/stark-defence-500-million-sequoia-founders-fund-3-5-billion-valuation
  2. tectonicdefense.com/stark-raises-e500m-at-e3-5b-valuation/

Figures come from company announcements and press reports. Spot an error? Send a correction. Nothing here is investment advice.

STARK in the news