Sequoia Invests in German Weaponized Drone Startup Stark Defense
- Sequoia invested €14 million in Stark’s Series A round
- A wave of defense startups emerged after the Ukraine invasion
Stark Defense founder Florian Seibel.
Photographer: Chris J. Ratcliffe/BloombergThis article is for subscribers only.
US venture capital firm Sequoia Capital invested in a German startup developing autonomous attack drones, according to people familiar with the situation.
Sequoia invested €14 million ($15 million) in a Series A round for the Munich-based firm Stark Defense, valuing it at around €90 million, people with knowledge of the funding said, asking not to be identified because the information is not public.