Project Q Raises €15M Series A

German defence tech company Project Q, based in Munich, has raised €15 million in a Series A funding round. This latest investment comes just 11 months after the company's previous capital raise.

Investors

The round was led by Expeditions, with participation from German defence specialist Hensoldt and venture capital firm Heliad.

Project Q Use of Funds

The company plans to use the capital to expand its software capabilities, specifically focusing on developing AI models tailored for the defence sector. The funding is intended to support the company's goal of enabling European defence systems to maintain control over their own technology, reducing reliance on foreign-built digital infrastructure.

About Project Q

Founded in 2021, Project Q is a Munich-based startup focused on developing AI and software solutions for the defence industry. The company builds automated systems designed to process and analyze intelligence data, providing decision support tools for defence and security applications.

Funding Details

Company Website: https://project-q.ai

Company: Project Q
Raised: €15M
Round: Series A
Funding Date: July 14, 2026
Lead Investor: Expeditions
Additional Investors: Hensoldt, Heliad
Software Category: Defence Tech
Source: https://sifted.eu/articles/exclusive-defence-tech-project-q-15m