British-German missile startup Hypersonica has raised €100m in a Series B round co-led by Lightspeed Venture Partners and General Catalyst, according to the available report.

The funding round reportedly values Hypersonica at approximately €700m. The company operates in the missile sector, as investor interest in missile defence technology grows.

The recovered source identifies the investment as a Series B round but does not provide reliable additional details about the company’s products, deployment plans or the terms of the financing.

Sources: Sifted.