Munich-based TYTAN Technologies, a European defence technology firm, has raised €30 million in a Series A funding round co-led by defence-focused investors Armira and the NATO Innovation Fund (NIF) to expand its manufacturing operations across Germany, Ukraine, and allied markets.
- Established in 2020 by Balazs Nagy and Batuhan Yumurtaci, TYTAN Technologies develops autonomous air defence systems designed to counter unmanned aerial threats. The company’s core product, the TYTAN Interceptor METIS, is a high-speed, AI-powered drone capable of detecting, tracking, and neutralising hostile drones in real time.
- With a maximum speed of 350 km/h, a range of 25 km, and operational altitudes up to 5,000 meters, the system is built for battlefield conditions rather than laboratory environments.
- The interceptors operate autonomously, with a single human operator managing multiple drones simultaneously, maintaining control over the entire engagement process. The platform is designed for cost-efficient mass deployment, using modular, additive components that can be continuously produced, replaced, and upgraded.
- TYTAN’s systems are networked to integrate with existing sensor arrays and command-and-control architectures, enabling layered air defence without vendor lock-in.
Details of the deal
- The investment was co-led by Armira and the NATO Innovation Fund, with support from existing investors Visionaries Club, OTB Ventures, Lakestar, Magnetic, D3, and 10x Group.
“TYTAN’s air defence technology addresses an urgent capability gap for Ukraine and Allies alike, enabling them to defend their airspace, military bases and critical infrastructure against drone incursions cost-efficiently and at scale. NIF is proud to partner with the TYTAN team to defend the airspace across the NATO Alliance," explains Patrick Schneider-Sikorsky, Partner at NIF.
- TYTAN Technologies plans to use the €30 million Series A funding to expand its manufacturing footprint across Germany, Ukraine, and allied markets, allowing the company to produce its AI-powered interceptor systems at scale.
- The capital will also accelerate the development of these autonomous defence technologies and support their integration into all layers of air defence, including next-generation missile-based systems, strengthening Europe’s sovereign and AI-enabled air defence capabilities.
