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§ Private Profile · Tallinn, Estonia
Defence technology company developing and manufacturing affordable missile defence and air defence systems for European and NATO markets.
Based in Estonia, Frankenburg Technologies develops and manufactures affordable, mass-produced missile defense systems and counter-drone interceptors for European military applications. The defense technology manufacturer aims to accelerate traditional procurement timelines by producing scalable interceptor systems that are significantly cheaper to deploy. The enterprise has secured €40 million in total venture funding to date, achieving a corporate valuation of €150 million following a €30 million Series A financing round in February 2026. This recent capital injection was led by the venture capital firm Plural, supporting the ongoing operational deployment of the company's air defense hardware to active military combat zones in Ukraine. Led by former defense officials, the firm targets broader procurement contracts across NATO member states to expand its regional footprint. Frankenburg Technologies was officially established in 2024 by co-founders Taavi Madiberk and Marko Virkebau.
Frankenburg has raised $35.4M across 1 funding round.
The company emphasizes in-house machining capabilities, which allows them to maintain control over production, avoid external delays, and accelerate the development of their defense technologies.
Frankenburg Technologies was established in early 2024 and is headquartered in Tallinn, Estonia, operating within the European defense technology sector.
The company emphasizes in-house machining capabilities, which allows them to maintain control over production, avoid external delays, and accelerate the development of their defense technologies.
Frankenburg Technologies was established in early 2024 and is headquartered in Tallinn, Estonia, operating within the European defense technology sector.
Frankenburg Technologies is a European defense technology company focused on developing advanced missile systems. The company's core mission is to create affordable and mass-manufacturable solutions for air defense, addressing the critical need for scalable and cost-effective defensive capabilities in contemporary security environments.
Their primary offering involves missile systems specifically designed to reduce intercept costs by more than tenfold. This significant cost reduction, coupled with the ability to enable production at an industrial scale, allows for a more robust and widespread air defense infrastructure than traditionally possible.
Established in early 2024, Frankenburg was founded with the support of prominent Baltic technology founders and investors. The company is headquartered in Tallinn, Estonia, positioning it within a dynamic European technology ecosystem.
Frankenburg emphasizes an operational model that includes in-house machining capabilities. This strategic choice allows the company to maintain control over its development and production processes, avoiding external dependencies and potential delays, thereby accelerating the delivery of its defense technologies.
As a European defense technology company, Frankenburg is dedicated to providing practical and scalable solutions. Its focus on innovative manufacturing and cost-efficiency aims to enhance the defensive postures of nations by making advanced air defense more accessible and sustainable.
Frankenburg has raised $35.4M across 1 funding round. Most recently, it raised $35.4M Frankenburg Technologies - Series A in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 24, 2026 | $35.4M Series A | Sten Tamkivi | SmartCap | Announced |