Private companiesTracked
TYTAN Technologies
Munich, Germany · Founded 2023
TYTAN Technologies builds AI-guided interceptor drones and command-and-control systems against attack drones. It supplies interceptors to Ukraine’s armed forces and base-protection systems to the Bundeswehr, and builds them at its Munich plant.
Profile
What it builds and who buys it
- ·Since its founding in 2023 the company has operated in Ukraine, where it has procurement agreements to deliver thousands of METIS interceptor drones to the armed forces.TYTAN Technologies (company release), Feb 24, 2026
- ·Tectonic described its interceptors as 3D-printed, autonomous and designed to cost in the single thousands of dollars.Tectonic, Jan 28, 2026
- ·In January 2026 it announced a partnership with Hensoldt and a new facility in Bavaria, aiming to produce 3,000 interceptor drones a month by the end of 2026.Tectonic, Jan 28, 2026
- ·Its Munich headquarters combines research, system integration, quality control and serial production of interceptor drones.TYTAN Technologies (company news)
- ·Its supply chain partners include Hensoldt, KNDS, Deutz and Dedrone.TYTAN Technologies (company release), Feb 24, 2026
- ·TYTAN and KNDS expanded their partnership to develop counter-drone systems for land forces, after integrating TYTAN’s kinetic interceptor into KNDS platforms.TYTAN Technologies (company news)
- ·In June 2026 it signed a memorandum of understanding with Mercedes-Benz to explore vehicle-based counter-drone and mission platforms on the G-Class and Sprinter.TYTAN Technologies (company release), Jun 12, 2026
- ·Former NATO general Chris Badia joined its board with the Series A.TYTAN Technologies (company release), Feb 24, 2026
- ·Its careers page lists more than 150 team members.TYTAN Technologies
Founders and leadership
- Balazs NagyCo-founder and chief executive
Co-founded the company in 2023. Tectonic reported that the company spun out of a student project at the Technical University of Munich.Tectonic, Jan 28, 2026
- Batuhan YumurtaciCo-founder and chief technology officer
Co-founded the company with Nagy in 2023, from the Technical University of Munich student project behind it.Tectonic, Jan 28, 2026
- Tahsin KartCo-chief executive
Joined with the Series A to lead industrial scaling. Previously CTO at CycloTech and a lead engineer at Roketsan Missiles.TYTAN Technologies (company release), Feb 24, 2026
Funding
- Last valuation
No citable valuation
- Last round or tender
Series A
TYTAN Technologies (company release), Feb 24, 2026
€30 million, not converted to US dollars. Co-led by Armira and the NATO Innovation Fund, with existing investors Visionaries Club, OTB Ventures, Lakestar, Magnetic, D3 and 10x Group; the company said it brought total funding to €46 million. The company stated no valuation. Resilience Media, citing sources, reported a valuation of just over €150 million, in euros only, so none is recorded. Resilience Media also reported that the company confirmed a €16 million round in August 2025, with no day given, so it has no row; Greenberg Traurig, counsel to OTB Ventures, said OTB and Visionaries Club co-led the seed round.
- Latest revenue figure
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- Valuation to revenue
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Post-money valuation by round
Fewer than two dated figures on file to plot; the table carries what there is.
| Date | Round | Raised | Post-money |
|---|---|---|---|
| Feb 24, 2026 | Series A€30 million, not converted to US dollars. Co-led by Armira and the NATO Innovation Fund, with existing investors Visionaries Club, OTB Ventures, Lakestar, Magnetic, D3 and 10x Group; the company said it brought total funding to €46 million. The company stated no valuation. Resilience Media, citing sources, reported a valuation of just over €150 million, in euros only, so none is recorded. Resilience Media also reported that the company confirmed a €16 million round in August 2025, with no day given, so it has no row; Greenberg Traurig, counsel to OTB Ventures, said OTB and Visionaries Club co-led the seed round. | — | — |
Revenue
No citable revenue figure on file.
Secondary venues
- Caplightpublic page seen Oct 15, 2026
No price on the public page.
No public MarketPrice: the page says no recent secondary market data is available.
A venue is listed when its public page named the company on the date shown. A price is the figure that page showed, under the venue’s own name for it and dated as the venue dated it; it is a level the venue publishes, not a trade. Nothing is recorded from behind a login.
Reads
Tracked only. No read has been prepared for this company; the figures above are the record.
Sources
- Mercedes-Benz and TYTAN Technologies sign Memorandum of UnderstandingTYTAN Technologies (company release), Jun 12, 2026
- About TYTANTYTAN Technologies
- Partnership with KNDSTYTAN Technologies (company news)
- Office OpeningTYTAN Technologies (company news)
- Greenberg Traurig Advises OTB Ventures on Tytan Technologies Financing RoundGreenberg Traurig
- Tytan raises €30M for drone defence, sources say at a ~€150M valuationResilience Media, Feb 24, 2026
- TYTAN raises €30m to build Europe’s next generation air defenceTYTAN Technologies (company release), Feb 24, 2026
- TYTAN Scales UpTectonic, Jan 28, 2026
Researched Oct 15, 2026