• 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.

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