Hypersonica Raises €100 Million in Series B
The British-German hypersonic defence startup closed its Series B round, co-led by Lightspeed and General Catalyst.
Updated on Nov. 2, 2026 in Startups
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Hypersonica, a British-German company developing hypersonic deep-strike systems for Europe, raised €100 million in a Series B round co-led by Lightspeed and General Catalyst. Existing investors Plural and 201 Ventures continued their participation.
Why it matters
The funding supports Hypersonica's push to deliver hypersonic deep-strike systems by 2029 amid a NATO-led multinational initiative in deep precision strike. The company says its development model is designed to be free of International Traffic in Arms Regulations constraints.
Hypersonica's Series B of €100 million follows a €23.3 million Series A in February, a more than fourfold increase in capital raised. The company claims its development model cuts costs by over 80 per cent against conventional approaches, though this figure has not been independently verified.
The players
Hypersonica
A British-German startup developing hypersonic deep-strike systems intended to give Europe independent long-range precision strike capability.
Lightspeed
A global venture capital firm that co-led Hypersonica's Series B round.
General Catalyst
A venture capital firm that co-led Hypersonica's Series B round alongside Lightspeed.
The details
Hypersonica operates from Munich and London and says it develops, owns and controls its technology in Europe. The Series B was co-led by Lightspeed and General Catalyst, and the company's HS-1 prototype reached speeds above Mach 6 over a range exceeding 300 kilometres in February.
Timeline
February: HS-1 prototype flight test and Series A round of €23.3 million led by Plural.
July: NATO-led deep precision strike initiative announced, envisaging £37 billion of investment over the next decade.
2 November 2026: Series B funding round announced.
2029: Target year for Hypersonica to deliver hypersonic deep-strike systems.
Market Landscape
Hypersonica is pursuing hypersonic deep-strike capability as NATO-led efforts envisage £37 billion of deep precision strike investment over the next decade. The company's rapid Series A-to-B escalation places it among a growing set of European defence startups seeking to reduce dependence on non-European suppliers.
For European taxpayers and defence planners, the funding signals potential new suppliers for long-range precision strike capability. The £770 million UK-German Deep Precision Strike allocation over four years indicates where public defence spending is directed.
The takeaway
Venture capital is increasingly backing European defence technology as governments commit multi-year budgets to deep precision strike. Watch whether Hypersonica meets its 2029 delivery target and whether its claimed cost reductions hold up under independent scrutiny.
Further reading
Explore more on the Startups section for context on how early-stage ventures are funding defence technology.
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