Hypersonica raises €100M Series B co-led by Lightspeed and General Catalyst to speed long-range hypersonic testing and production by 2029.
Gallium Defense exits stealth with €7.1M seed led by Keen Venture Partners and 360 Capital for its GDS-10 small-drone radar.
Creandum closes its largest fund at $750M for European startups from pre-seed to Series A.
Hypersonica raises €100m for hypersonic deep-strike systems
Funding and deals
Hypersonica. British-German maker of long-range hypersonic systems raised €100m in a Series B co-led by Lightspeed and General Catalyst, targeting deep-strike systems by 2029.
Creandum. Creandum closed its eighth fund at $750m, about €668m, its largest ever, investing from pre-seed to Series A across new deals and follow-ons.
Gallium Defense. Paris startup left stealth with a €7.1m seed led by Keen Venture Partners and 360 Capital for its drone-detection radar.
News
Hypersonica prototype passes Mach 6. The company says its HS-1 prototype exceeded Mach 6 over more than 300 kilometres. Ottavi stresses this is a company-declared result, not an operational capability already in service.
Gallium Defense radar awaits field validation. GDS-10 is a software-defined radar for small drones aimed at armed forces and critical infrastructure. Ottavi says orders should open in 2027, with range, cost and reliability still unproven.
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