Tech Company Financing Transactions
Frankenburg Technologies Funding Round
Frankenburg Technologies, based in Tallinn, secured $35 million from Plural Platform and Smartcap.
Transaction Overview
Company Name
Announced On
2/24/2026
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series A
Investors
Plural Platform (Lead Investor)
Proceeds Purpose
The company intends to use the funds to build new missile-manufacturing capacity in Europe, with a focus on production, resilience and regeneration.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
Sepise 7
Tallinn, 11415
Estonia
Tallinn, 11415
Estonia
Phone
Undisclosed
Website
Email Address
Overview
Our mission is to equip the free world with the technologies needed to win the war. We are in the rocket science business. Our aim is to develop missile systems that are ten times more affordable, a hundred times faster to produce, and in quantities far exceeding current industry capabilities. We revolutionize missile targeting by employing our cutting-edge, AI-powered situational awareness platform, enabling us to anticipate threats and stay ahead of our adversaries. Our solutions are crafted with a keen awareness of the acute demands of modern warfare.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kusti Salm
Chief Technical Officer
Andreas Bappert
VP - Manufacturing
Juhan Tenisson
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