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MITS Capital leads new private funding round for Ukraine defense tech firm M-Fly

PUBT·09/30/2026 08:00:06
MITS Capital leads new private funding round for Ukraine defense tech firm M-Fly
  • MITS Capital led a new private funding round in M-Fly, a Ukrainian defense technology maker of laser guidance systems and stabilized gimbals for UAVs.
  • Freedom Fund backed the round, with Norway’s Gardar joining alongside an undisclosed new investor; funding size and valuation were not disclosed.
  • Proceeds target scaled production to meet rising demand from Ukraine and NATO customers for lower-cost reconnaissance and interceptor drone imaging systems.
  • M-Fly previously raised USD 1.4 million by mid-2026 from friends-and-family, grants, and VC funding that included MITS Capital.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MITS Capital LLC published the original content used to generate this news brief on September 30, 2026, and is solely responsible for the information contained therein.