STARK, FINN, Ubotica — €500M defence round, new mobility unicorn and Orbital AI — Daily News June 24, 2026
About this episode
STARK closes a €500M round to scale defence tech and industrial production, FINN raises €140M and surpasses a €1B valuation to become a mobility unicorn, while Ubotica raises $11M to bring Orbital AI into maritime intelligence.
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Startups mentioned
STARK Defence
STARK Defence is the Munich-based startup developing intelligent strike drones and unmanned systems for European defence. Founded in 2024 by Florian Seibel (ex-Quantum Systems) and Johannes Schaback, it reached unicorn status (>€1B valuation) in 2026 with investors including Sequoia, Founders Fund and the NATO Innovation Fund, and a €2.4 billion contract with the Bundeswehr.
Finn
FINN offers digital car subscriptions with insurance, registration, maintenance and services included, and surpassed a €1B valuation in 2026.
Ubotica Technologies
Ubotica develops Orbital AI systems that process satellite data in orbit and power platforms such as Live Maritime Intelligence for maritime security and critical infrastructure.