Munich\/ Hamburg\/Berlin \u2014 The Munich-based defense tech company Tytan has raised EUR 30 million as part of its Series A finan\u00adcing round. The finan\u00adcing round was led by Armira and the Nato Inno\u00adva\u00adtion Fund (NIF). YPOG acted as legal advi\u00adsor to the venture capi\u00adtal inves\u00adtors Lake\u00adstar and Magne\u00adtic on their parti\u00adci\u00adpa\u00adtion in the Series A finan\u00adcing round of Tytan Tech\u00adno\u00adlo\u00adgies. In addi\u00adtion to Lake\u00adstar and Magne\u00adtic, Visio\u00adna\u00adries Club, OTB Ventures and D3 also parti\u00adci\u00adpa\u00adted as exis\u00adting investors. <\/p>\n
Tytan was foun\u00added in 2023 by Bal\u00e1sz Nagy (31) toge\u00adther with Batu\u00adhan Batu\u00adhan Yumurt\u00adac\u0131. Tytan deve\u00adlops AI-control\u00adled inter\u00adcep\u00adtor drones to defend against unman\u00adned aerial vehic\u00adles and is now expan\u00adding its port\u00adfo\u00adlio to become a more compre\u00adhen\u00adsive provi\u00adder of air defense solu\u00adti\u00adons. The fresh capi\u00adtal will be used in parti\u00adcu\u00adlar to expand produc\u00adtion capa\u00adci\u00adties, deve\u00adlop addi\u00adtio\u00adnal air defense products and expand the work\u00adforce. Tytan plans to signi\u00adfi\u00adcantly increase its produc\u00adtion capa\u00adci\u00adties by the end of 2026. <\/p>\n
Tytan is one of the fastest-growing Euro\u00adpean \u201cNew Defense\u201d compa\u00adnies. In addi\u00adtion to exis\u00adting orders in the mili\u00adtary envi\u00adron\u00adment, the company\u2019s solu\u00adti\u00adons are alre\u00adady being used in real opera\u00adtio\u00adnal scena\u00adrios. The addi\u00adtion of further indus\u00adtry-expe\u00adri\u00aden\u00adced perso\u00adna\u00adli\u00adties to the manage\u00adment and advi\u00adsory board under\u00adlines Tytan\u2019s ambi\u00adtion to estab\u00adlish itself as a Euro\u00adpean provi\u00adder of scalable air defense technology. <\/p>\n
\u201cTytan is exem\u00adplary for a new gene\u00adra\u00adtion of Euro\u00adpean defense tech compa\u00adnies with high tech\u00adno\u00adlo\u00adgi\u00adcal depth and a clear scaling stra\u00adtegy. The fact that Lake\u00adstar and Magne\u00adtic are support\u00ading the company over seve\u00adral finan\u00adcing phases shows their long-term trust in the team and tech\u00adno\u00adlogy,\u201d says Dr. Adrian Haase, Part\u00adner at YPOG. <\/p>\n
YPOG has been advi\u00adsing Lake\u00adstar and Magne\u00adtic since the pre-seed phase and also supported the inves\u00adtors in the seed finan\u00adcing of Tytan. YPOG regu\u00adlarly advi\u00adses natio\u00adnal and inter\u00adna\u00adtio\u00adnal venture capi\u00adtal inves\u00adtors on finan\u00adcing rounds in the defense, dual-use and deep tech sectors. <\/p>\n
About Armira About the NATO Inno\u00adva\u00adtion Fund About Lake\u00adstar About Magne\u00adtic Consul\u00adtant Lake\u00adstar and Magne\u00adtic: YPOG<\/strong><\/p>\n Dr. Adrian Haase (Lead, Tran\u00adsac\u00adtions), Part\u00adner, Hamburg www.ypog.com<\/p>\n","protected":false},"excerpt":{"rendered":" Munich\/ Hamburg\/Berlin \u2014 The Munich-based defense tech company Tytan has raised EUR 30 million as part of its Series A finan\u00adcing round. The finan\u00adcing round was led by Armira and the Nato Inno\u00adva\u00adtion Fund (NIF). YPOG acted as legal advi\u00adsor to the venture capi\u00adtal inves\u00adtors Lake\u00adstar and Magne\u00adtic on their parti\u00adci\u00adpa\u00adtion in the Series A [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":59979,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-59981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n
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\n Armira is a leading Euro\u00adpean invest\u00adment holding company specia\u00adli\u00adzing in long-term part\u00adner\u00adships with entre\u00adpre\u00adneur-led and family-owned \u201chidden cham\u00adpi\u00adons\u201d. The company has more than \u20ac5 billion in assets under manage\u00adment and is backed by a broad base of entre\u00adpre\u00adneurs, entre\u00adpre\u00adneu\u00adrial fami\u00adlies and long-term inves\u00adtors. Armira provi\u00addes capi\u00adtal for the entire life cycle of a company, from mino\u00adrity invest\u00adments to promote growth to majo\u00adrity investments. <\/p>\n
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\n The NATO Inno\u00adva\u00adtion Fund is a \u20ac1 billion venture capi\u00adtal fund backed by 24 NATO member nati\u00adons that invests in deep tech compa\u00adnies to address defense, secu\u00adrity and resi\u00adli\u00adence chal\u00adlenges. The fund invests inde\u00adpendently, with 24 nati\u00adons support\u00ading the success of its port\u00adfo\u00adlio and enab\u00adling deep tech entre\u00adpre\u00adneurs to access both commer\u00adcial and govern\u00adment markets. <\/p>\n
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\n Lake\u00adstar (CH) is one of Euro\u00adpe\u2019s leading venture capi\u00adtal invest\u00adment plat\u00adforms. Since its foun\u00adding by Klaus Hommels in 2012, Lake\u00adstar has been known for back\u00ading some of Euro\u00adpe\u2019s most successful unicorns. The company has raised more than USD 3 billion through various products and funds and actively mana\u00adges a port\u00adfo\u00adlio of invest\u00adments in eight diffe\u00adrent early-stage and growth funds. Lake\u00adstar has recently laun\u00adched a dual-use\/\u00adre\u00adsi\u00adli\u00adence fund. \u2014 www.lakestar.com <\/p>\n
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\n Magne\u00adtic is a Euro\u00adpean venture capi\u00adtal firm that finan\u00adces trans\u00adfor\u00adma\u00adtive tech\u00adno\u00adlogy compa\u00adnies in syste\u00admi\u00adcally rele\u00advant indus\u00adtries. Magne\u00adtic uses its capi\u00adtal and exper\u00adtise to support outstan\u00adding foun\u00adders at the inter\u00adsec\u00adtion of new tech\u00adno\u00adlo\u00adgies and econo\u00admic systems. The company invests early and sees itself as a long-term capi\u00adtal part\u00adner. \u2014- https:\/\/mgntc.com\/ <\/p>\n
\nAlex\u00adan\u00addra Tafel (Tran\u00adsac\u00adtions), Senior Asso\u00adciate, Berlin
\nDr. Gerrit Breet\u00adholt (Tran\u00adsac\u00adtions), Asso\u00adciate, Hamburg
\nBenja\u00admin M\u00fcller (Tran\u00adsac\u00adtions), Senior Asso\u00adciate, Berlin
\nDr. Miriam Peer (Tran\u00adsac\u00adtions), Asso\u00adciate, Hamburg<\/p>\n