Kraken Becomes Europe’s Latest Defense Unicorn with $175M Series B Amid Rising Security Pressures
Kraken Technology Group, Europe's newest defense unicorn, raises $175M in Series B funding to enhance maritime defense capabilities.
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Rheinmetall AG is a German automotive and arms manufacturer, headquartered in Düsseldorf, North Rhine-Westphalia, Germany. The group was promoted to the DAX, Germany's leading stock market index, in March 2023. It is the largest German and fifth-largest European arms manufacturer, and produces a variety of armored fighting vehicles and armored personnel carriers, in both wheeled and tracked versions, as well as warships through Blohm+Voss. It also manufactures artillery, air defence systems, anti-tank weapons and ammunition. Its name is derived from the German-language words Rhein and Metall, translating to "Rhine-metal" when combined.
Rheinmetall was founded by Heinrich Ehrhardt.
Rheinmetall is a subsidiary of Röchling Group.
Rheinmetall is backed by BlackRock.
Rheinmetall was founded in 1889.
SourceRheinmetall is headquartered in Düsseldorf.
SourceRheinmetall is based in Germany.
SourceRheinmetall operates in the weapons industry industry.
SourceRheinmetall has approximately 30K employees.
SourceKraken Technology Group, Europe's newest defense unicorn, raises $175M in Series B funding to enhance maritime defense capabilities.
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