Lithuanian drone maker Monopulse raises €2M to enter new markets
What's the deal? Lithuanian drone manufacturer MonopulseDealroom has a profile for this one. Try Dealroom → has raised a €2 million early-stage round led by Coinvest CapitalDealroom has a profile for this one. Try Dealroom →, the early-stage venture fund set up by national development bank ILTEDealroom has a profile for this one. Try Dealroom →. NGL VenturesDealroom has a profile for this one. Try Dealroom →, LitBANDealroom has a profile for this one. Try Dealroom →, and Plug and Play VenturesDealroom has a profile for this one. Try Dealroom → also joined.
What's the endgame? The company plans to use the funding to expand into new markets.
Why the backers? "The Monopulse team has a rare combination: deep engineering competencies and an understanding of what the military needs today. Moreover, the company's products have clear civilian applications," said Viktorija Trimbel, head of Coinvest Capital (translated from Lithuanian).
What's the context? The round sits in the lower half of comparable deals by size, landing around the 46th percentile. That reflects the early stage of the company, with investors betting on dual-use technology that spans defence and commercial needs.
The signal: Dual-use drone startups continue to draw both state-backed and private capital across the Baltics, as the region leans into defence innovation with clear civilian crossover. Monopulse's backing — mixing a national development fund, local angels, and a Silicon Valley platform — shows how that thesis is pulling in investors from both sides of the Atlantic.
Read more: vz.lt
Image credit: Monopulse
