Defence tech company Project Q raises €15m Series A

German defence technology company Project Q announced in February 2026 the closure of a €15 million Series A funding round. The new capital will be used to accelerate the development of its advanced defence systems and facilitate international expansion.

The round was led by Expeditions, with participation from defence specialist Hensoldt and venture capital firm Heliad. This funding is crucial for Project Q's growth strategy, which focuses on delivering cutting-edge technological solutions to strategic clients.

Project Q specializes in developing AI-driven and autonomous systems for the defence sector. Their technology includes the automation of complex intelligence and surveillance tasks, as well as enhancing decision-making capabilities in the field.

The company previously secured significant backing, including an €8.1 million seed round in 2024. This latest funding round enables Project Q to scale its operations and pursue substantial international contracts.