German startup STARK just added $62 million to its cash arsenal in a new funding round led by financial heavyweight Sequoia Capital, according to Tech Funding News. This brings the total cash haul since the attack drone weapon maker was founded to around $100 million.
Additional investors Peter Thiel, 8VC, the NATO Innovation Fund, In-Q-Tel Project A and Döpfner Capital joined the round, lifting STARK's valuation to a respectable $500 million. In-Q-Tel's investment is significant because it's the venture branch of the CIA, highlighting the U.S. government's interest in weaponized drone technology.
