Danish-Lithuanian unmanned aerial vehicle manufacturer MNP Technologijos, operating under the Monopulse brand, has raised over €2 million.
The investment round is led by our client, Coinvest Capital, with participation from angel investors from the Lithuanian Business Angel Network (LitBAN) and Plug and Play Ventures.
Monopulse, operating under the MNP Technologijos brand, is a Danish-Lithuanian manufacturer of unmanned aerial vehicles (UAVs). The funding will support increased production capacity, further R&D, and market expansion into Germany, France, and the Netherlands.
Coinvest Capital sees strong potential in the company’s combination of engineering expertise and practical understanding of military requirements, as well as the broader civilian applications of its technology.
TEGOS advised Coinvest Capital on the investment, with Dalia Tamašauskaitė-Žilienė and Meda Stankutė representing the team.
