Funding round
Orqa Seed
Orqa, which works in FPV and RR technology development in Osijek, raised $6.1M in a Seed round announced on 18 Dec 2024, led by Lightspeed Venture Partners. 4 firms took part, 1 of them already investors. It is Orqa's second venture round on record; the one before was a Seed in Feb 2021.
$6.1M
Amount raised
5,800,000 EUR converted
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
Orqa did not disclose a valuation in this round. It came 46 months after Orqa's Seed. It is 27% of the $23M Orqa has raised in the venture rounds on record. Orqa raised again 15 months later: a Series A round of $15M in Mar 2026.
Investors
Who put money in
Lightspeed Venture Partners led the round with 3 other firms. Day One Capital had backed Orqa before.
Lead investor
- Lightspeed Venture Partners backs 454 venture-backed companies new investor
Also in the round
- backs 5 venture-backed companies new investor
- backs 13 venture-backed companies new investor
- Day One Capital backs 22 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
81 Seed rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $5.3M, and this round was 1.2 times the median. The closest in time, other companies' Seed rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Aerospace and Defence | 1 Dec 2024 | $6.0M | not disclosed | not named |
| Aerospace and Defence | 12 Nov 2024 | $8.0M | not disclosed | Harpoon Ventures and Refactor Capital |
| Aerospace and Defence | 22 Jan 2025 | $6.3M | not disclosed | Initialized |
| Aerospace and Defence | 29 Jan 2025 | $4.0M | not disclosed | not named |
| Aerospace and Defence | 14 Nov 2024 | $1.7M | not disclosed | Presto TechHorizons |
| Aerospace and Defence | 24 Jan 2025 | $1.6M | $11M | not named |
| Aerospace and Defence | 29 Nov 2024 | undisclosed | not disclosed | Global From Day One |
| Aerospace and Defence | 25 Feb 2025 | $11M | not disclosed | redalpine |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Orqa raise in its Seed round?
Orqa raised $6.1M in its Seed round, announced in Dec 2024.
Who led Orqa's Seed round?
Lightspeed Venture Partners led it, with Radius Capital Ventures, Decisive Point and Day One Capital.
What was Orqa's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Aerospace and Defence?
81 Seed rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $5.3M, and this round was 1.2 times the median.
Did Orqa raise again after this round?
Yes: a Series A round in Mar 2026 of $15M.