# MITS Capital

> MITS Capital is a VC fund in New York backing Drones and Manufacturing. See 7 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: New York, United States
- Total investments: 7
- Last investment: Jul 2026
- Lead investor: 71%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/mits-capital/
- Website: https://mits.capital

MITS Capital is a leading merchant bank facilitating US and NATO access to Ukraine's defense technology industry. We are currently raising the MITS Lightning Fund, which is dedicated to providing seed and growth capital to Ukrainian defense tech startups, particularly those participating in our MITS Accelerator.

## Contacts

5 contacts available for MITS Capital. Shizune tracks 1 team members at MITS Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/mits-capital?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Drones | 2 | 29% |
| Manufacturing | 2 | 29% |
| Laser | 1 | 14% |
| Military | 1 | 14% |
| Aerospace | 1 | 14% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 43% |
| Pre-Seed | 2 | 29% |
| Venture - Series Unknown | 1 | 14% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Estonia | 2 | 29% |
| Ukraine | 2 | 29% |
| Denmark | 1 | 14% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Perry Boyle | CEO and Founding Partner | 3 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Dropla Tech | Dropla Tech develops drone and robotics technology intended for demining operations. The company's platform utilizes advanced AI systems and sensor fusion to scan the land and identify potential explosive hazards and accelerate mine clearance efforts, enabling clients to contribute to safer and more efficient land clearance efforts. |  | Venture - Series Unknown | Jul 09, 2026 |  |
| TELETACTICA | TELETACTICA specializes in long-range radio communication systems. Our services include R&D for local businesses, from preliminary samples to final product development. Our priority is to delve deeply into developing new products based on scientific discoveries and meaningful engineering innovation | $1.5M | Seed | Jul 17, 2025 |  |
| TENCORE | TENCORE is a defence technology company. It is an Unmanned Ground Vehicle (UGV) developer. Its flagship product, TerMIT, which is NATO-standardised, has been used in combat and is deployed on the front lines. | $3.7M | Seed | Jul 14, 2025 |  |
| TENCORE | TENCORE is a defence technology company. It is an Unmanned Ground Vehicle (UGV) developer. Its flagship product, TerMIT, which is NATO-standardised, has been used in combat and is deployed on the front lines. | $3.7M | Seed | Jul 14, 2025 |  |
| M-FLY | M-FLY is a company that develops ITAR-free gimbals tailored for the drone industry, integrating electro-optical cameras, infrared imagers, and various sensor payloads to enhance performance in diverse applications. The gimbals are designed for use in both military and civilian sectors, providing stability and precision for aerial imaging and datacollection. M-FLY focuses on research and development to incorporate emerging technologies, ensuring that their products meet the evolving needs of the market. The company aims to support users in achieving accurate geolocation and range finding, facilitating various operations in surveillance, mapping, and environmental monitoring. | $1.3M | Pre-Seed | Mar 13, 2025 |  |
| TELETACTICA | TELETACTICA specializes in long-range radio communication systems. Our services include R&D for local businesses, from preliminary samples to final product development. Our priority is to delve deeply into developing new products based on scientific discoveries and meaningful engineering innovation | $410K | Pre-Seed | Sep 01, 2024 |  |
| NORDA Dynamics | NORDA Dynamics is an autonomous UAV piloting system for carrying out missions in areas with limited connectivity. | $1M | Seed |  |  |

7 of 7 investments shown.

## Co-investors
- [Angel One](https://shizune.co/investors/profile/angel-one-61f2) — VC Fund, 1 deal together
- [Freedom Fund VC](https://shizune.co/investors/profile/freedom-fund-vc) — VC Fund, 1 deal together
- [Green Flag Ventures](https://shizune.co/investors/profile/green-flag-ventures) — VC Fund, 1 deal together
- [Resist.UA](https://shizune.co/investors/profile/resist-ua) — VC Fund, 1 deal together
- [United Angels Network](https://shizune.co/investors/profile/united-angels-network) — VC Fund, 1 deal together
- [Unpopular Ventures](https://shizune.co/investors/profile/unpopular-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does MITS Capital invest in?

MITS Capital invests primarily in Drones, Manufacturing and Laser startups, most often at Seed and Pre-Seed stage. Most of the 7 investments tracked by Shizune back companies in Estonia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact MITS Capital?

Public channels for MITS Capital include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at MITS Capital?

The team at MITS Capital includes Perry Boyle (CEO and Founding Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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