2026-03-10
Orqa raises €12.7M Series A
Croatia-based Orqa raised €12.7M in a Series A led by Expeditions.
Round at a Glance
| Company | Orqa |
| HQ | Osijek, Croatia |
| Amount | €12.7M |
| Round | Series A |
| Date | 2026-03-10 |
| Valuation | Not disclosed |
| Total Disclosed Funding | €20.41M |
Company Snapshot
Orqa is a Croatian manufacturer of first-person view (FPV) drone technology and unmanned aerial systems. The company was founded in late 2018 by Srdjan Kovacevic, Ivan Jelusic, and Vlatko Matijevic. Orqa designs and produces drone components in-house, including flight controllers, radios, motors, cameras, and printed circuit boards, and its European facility in Osijek can produce up to 280,000 NDAA-compliant drones per year.
Investors in This Round
| Investor | Investor HQ Country | Notes |
|---|---|---|
| Expeditions | Poland | Lead |
| Lightspeed Venture Partners | United States | Existing investor |
| Taiwania Capital | Taiwan | |
| AYMO Ventures | Croatia | |
| Radius Capital | United States | Existing investor |
Known Cap Table
| Investor | Round(s) | Investor HQ Country |
|---|---|---|
| Expeditions | Series A | Poland |
| Lightspeed Venture Partners | Seed, Series A | United States |
| Radius Capital | Seed, Series A | United States |
| Taiwania Capital | Series A | Taiwan |
| AYMO Ventures | Series A | Croatia |
| Decisive Point | Seed | United States |
| Day One Capital | Seed | Hungary |
Total disclosed funding: €20.41M across 2 rounds.
Sources
- https://therecursive.com/orqa-fpv-drone-startup-series-a-12-7m/
- https://www.vestbee.com/insights/articles/orqa-closes-12-7-series-a
- https://thenextweb.com/news/europe-startup-funding-rounds-march
- https://defence-industry.eu/orqa-secures-e12-7-million-series-a-funding-to-expand-global-drone-production-and-scale-global-manufacturing-partnership-program/