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News 2026-09-30 08:00 UTC

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

MITS Capital led a new private funding round for 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 and an undisclosed new investor; funding size and valuation were not disclosed.