TYTAN raises €30m to build Europe’s next generation air defence
TYTAN Technologies, a European defence technology company, today announced the closing of a €30m all-European Series A financing round, bringing total funding for the company to €46m. The round was co-led by defence specialist funds Armira and NATO Innovation Fund (NIF), with strong support from existing investors Visionaries Club, OTB Ventures, Lakestar, Magnetic, D3 and 10x Group.
The capital raise will enable TYTAN to scale its manufacturing footprint across Germany, Ukraine and allied markets, accelerate development of its AI-powered interceptor systems, and advance integration into all layers of air defence – including next-generation missile-based systems.
TYTAN co-founders Balazs Nagy and Batuhan Yumurtaci said: “Europe is entering a once-in-a-generation reset in how air defence is designed, produced and deployed. This funding round is all about sustainably building the industrial and technological foundation for a sovereign, AI-enabled air defence architecture made in Europe for Europe.”
Patrick Schneider-Sikorsky, Partner, NIF, added: “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.”
A structural reset in European air defence
Modern mass drone warfare has exposed the limits of legacy air defence systems. High-speed, low-cost, and mass-deployed unmanned systems have fundamentally altered the economics of modern air defence. Such threats require new platforms built for autonomy, scalability, and interoperability from day one. Ukrainian forces regularly report attacks involving hundreds of Shahed drones per day, with mass attacks sometimes exceeding 500 drones in a single night. Such dynamics necessitate defensive solutions capable of sustained mass deployment rather than episodic responses to high-value threats.
Former NATO General Chris Badia, who is joining the company’s board, said: “TYTAN represents a new generation of European defence companies capable of combining operational experience with scalable industrial execution. Its platform approach provides the needed capabilities for modern layered air defence and supports long-term defence programmes across the continent.”
Scaling production and platform capability
With confirmed orders from Ukraine and growing demand across Northern and Eastern Europe, TYTAN is scaling its manufacturing footprint and strengthening supply chain partnerships with European SMEs and defence primes, including Hensoldt, KNDS, Deutz, and Dedrone. As part of this expansion, Tahsin Kart will join TYTAN as Co-CEO. Previously CTO at CycloTech and Lead Engineer at Roketsan Missiles, Kart brings extensive expertise in propulsion and missile systems and will lead the industrial scaling of TYTAN’s next-generation air defence solutions.
Tahsin Kart said: “Restoring European sovereignty requires more than pure ambition, it demands deep technical expertise and operational discipline. That is precisely why I am joining TYTAN. I have spent my career building advanced defence systems and now I want to help scale TYTAN’s track record as a leader in counter-drone technology into something larger: a European company with technical depth and strategic vision to shape the future of our common air defence.”
Building a sovereign European air defence architecture
Since its founding in 2023, TYTAN has operated actively in Ukraine and secured multiple government contracts, including procurement agreements to deliver thousands of METIS interceptor drones to its armed forces. In Germany, TYTAN has been commissioned by The Federal Office for Equipment, Information Technology and In-Service Support of the Bundeswehr (BAAINBw) to supply AI-based command-and-control infrastructure and effector systems for the protection of military installations.
Today’s Series A funding round reflects a broader structural shift in European defence, where private capital increasingly complements government procurement to accelerate technological sovereignty and industrial resilience across allied nations. TYTAN works closely with governments and industrial partners to serve as a scalable platform provider within Europe’s evolving air defence ecosystem.
About TYTAN Technologies
TYTAN Technologies is a Munich-based deep-tech company with a clear mission: to protect European skies through cost-effective, scalable, and autonomous air defence solutions. By combining cutting-edge AI, modular, and cost-efficient hardware, and deep system integration, TYTAN is set to become the global domain champion in autonomous interception – delivering battlefield-proven, affordable protection from unmanned threats.
About Armira
Armira is a leading European investment holding specialising in partnerships with entrepreneur-led and family-owned hidden champions with a long-term horizon. The firm manages more than EUR 5 billion in assets and is backed by a broad base of entrepreneurs, entrepreneurial families, and long-term oriented investors. Armira provides full-lifecycle capital, ranging from minority growth to majority positions.
About NATO Innovation Fund
The NATO Innovation Fund is a €1 billion venture capital fund, backed by 24 NATO Allies, that invests in deep tech to address challenges in defence, security, and resilience. The fund invests independently with 24 nations supporting its portfolio’s success and helping provide deep tech entrepreneurs with access to both commercial and government markets.
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