Frankenburg Technologies

Guided Missile Systems

Tallinn, Estonia · Founded 2024 · $33.0M raised

Headquarters
Tallinn
Founded
2024
Business Model
B2G
Total Funding
$33.0M
Last Round
$33.0M Series AFeb 2026
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Frankenburg Technologies is a European defence technology company founded in 2024 and headquartered in Tallinn, Estonia, developing affordable, mass-manufacturable guided missile systems for modern air and missile defence, including counter-drone interceptors. Led by CEO Kusti Salm, former Permanent Secretary of the Estonian Ministry of Defence, the company operates a missile assembly site in Riga as part of what it calls the world's first affordable mass-production missile factory, with additional presence in the United Kingdom, Latvia, Germany, Lithuania, Poland, and Denmark.

Summary

Frankenburg Technologies is a Defense Tech company based in Tallinn, Estonia, founded in 2024. It has raised $33.0M in total across 1 round, most recently a $33.0M Series A round in Feb 2026. Investors include Plural.

Tech & App Stack

1 technology or app tracked

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Funding History

Series ASeries AFeb 2026
$33.0M

Investors

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