Hypersonica raises $111 million to build European hypersonic missile

British-German defense company Hypersonica raised €100 million in Series B financing to accelerate development and testing of hypersonic deep-strike weapons. Lightspeed and General Catalyst co-led the round, with participation from existing backers including Plural, 201 Ventures and Germany’s Federal Agency for Breakthrough Innovation. Hypersonica plans to use the investment to increase the pace of tests and expand engineering and manufacturing operations in the United Kingdom and Germany. The financing comes as the two countries pursue a ground-launched long-range precision strike capability under their bilateral Trinity House defense agreement.