Twentyfour Industries emerges from stealth with $11.8M funding to scale drone production

German startup Twentyfour Industries has emerged from stealth after raising $11.8 million to scale the production of European-built military drones. The round was backed byLakestar, OTB VenturesDealroom has a profile for this one. Try Dealroom →, and 468 CapitalDealroom has a profile for this one. Try Dealroom →, following a year in which the company operated without public disclosure.

Founded in late 2024 by a team with backgrounds in technology and operations, Twentyfour Industries focused early on moving from design to deployment. During its stealth phase, the company developed a modular quadcopter designed for mass manufacturing, produced several hundred units, and deployed them across Europe, where they are currently in operational use. The company has also signed contracts and generated product revenue in multiple countries.

The new capital will be used to expand the company’s drone portfolio and increase manufacturing capacity in Germany, with a target of producing thousands of units per month. Twentyfour Industries also plans to prepare additional manufacturing capacity elsewhere in Europe and is hiring across engineering, operations, and commercial roles.

Sources:
Resilience Media
Vestbee

A.M.