MITS Capital
New York, NY, United States
Overview
MITS Capital LLC is a Kyiv- and New York-based investment group established in 2024 to accelerate the booming Ukrainian DefenseTech sector. The firm operates through three core vehicles: the MITS Lightning Fund, the MITS Accelerator, the MITS Lab, and a dedicated investment advisory unit. Our mission is to channel global capital into Ukraine’s defense industrial base and scale breakthrough technologies for national and global security. As of July 2025, MITS Capital has invested in 11 portfolio companies developing next-generation defense and dual-use technologies.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 1
- Active investors
- 1
Sector focus
- Artificial Intelligence (AI)
- Cyber Security
- Drones
- Military
Investment portfolio
- NORDA Dynamics
Participated · Equity · Sep 2025
Founded in 2024, NORDA Dynamics is a Ukrainian defense-technology startup focused on software and hardware that enable unmanned aerial vehicles to fly autonomously in GPS-denied, communication-jammed environments. Its flagship Underdog autonomy module is already deployed at scale on combat drones to automatically guide them to their targets. The company also offers StableLink, a stabilization system that keeps UAVs controllable and accurate when electronic warfare is intense. NORDA Dynamics’ solutions are described as “war-tested,” and management believes the technology has global dual-use potential. With fresh capital, the team plans to expand production capacity, add engineering talent, and continue R&D on fully autonomous mission capabilities. The company has now secured $1 million in external funding to finance these next stages of growth.
- Teletactica
Led · Equity · Jul 2025
Teletactica builds communication ecosystems for managing drones and transmitting video streams, with solutions already used operationally in Ukraine and compatible with most UAV types. The company is developing a tactical communication system designed to resist jamming and provide extended command-and-control functionality for drones. It operates offices in Ukraine, Estonia, and Latvia and is currently in the production and testing phase of its new system. Under an 18-month Estonian Ministry of Defense-funded programme (project budget €300,000, 40% grant-funded), Teletactica will produce prototypes and run laboratory and field tests with regional partners. The team has also started producing its own drones to support demonstrations and intends to move toward full-scale UAV manufacturing and sales. The system under development aims to enable mobile copters to operate stably at distances of 35–40 km in contested electronic environments.
Team
Perry Boyle
CEO and Founding Partner
LinkedIn