# MITS Fund: portfolio, investments and team

> MITS Fund is a vc firm based in United States. 5 investments on record, 2 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/mits-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# MITS Fund

Last cheque observed Sep 2026; 5 cheques on record.

Deploying now VC firm

Seed Series A Series B Defense Dual-use Deep Tech

Deploying now

**100%** of best year **2** **cheques in 12 months**, 5 on record

Since the last cheque **26** days **00** hrs **00** min **00** sec

Median round **$1.5M** Cheque size, as they say **$50K – $250K** Rounds led **3 of 5** Mostly in **Ukraine, 40%**

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## MITS Fund highlights

- 01 2 cheques in the last 12 months
- 02 Mostly Seed and Series A: 100% of its rounds
- 03 Led 3 rounds

## What they do

> MITS Capital is an investment group mobilizing international capital to transform Ukraine into a leading global defense technology powerhouse From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $50K – $250K as they say
- **Stages:** Seed Series A Series B
- **Sectors:** Defense Dual-use Deep Tech
- **Based in:** Los Altos, United States
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **5 appearances**

- **2026** 2 rounds
- **Sept** **[M-Fly](https://millionrounds.com/company/m-fly)** UA · Firms' own news pages **Undisclosed** *Led*
- **Jul** **[Dropla Tech](https://millionrounds.com/company/dropla-tech)** DK · Firms' own news pages **$2.8M** *Led*
- **2025** 2 rounds
- **Sept** **[NORDA Dynamics](https://millionrounds.com/company/norda-dynamics)** Seed · UA · Firms' own news pages **$1.0M** With 4 others
- **Jul** **[TELETACTICA](https://millionrounds.com/company/teletactica)** Seed · EE · Firms' own news pages **$1.5M** *Led*
- **2015** 1 round
- **Feb** **[Transcriptic](https://millionrounds.com/company/transcriptic)** Series A · US **$8.5M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **11** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## The cheque

Seed Series A Series B

Median round joined **$1.5M** the round, not its cheque

Led 3 of 5 rounds **60%**

- **Said size:** $50K – $250K
- **Sole investor:** Never alone
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Seed said *2*
- Series A said *1*
- Series B said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

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## Recently backed

The latest companies MITS Fund put money into.

[**M-Fly** Sept 2026](https://millionrounds.com/company/m-fly)[**NORDA Dynamics** $1.0M · Sept 2025](https://millionrounds.com/company/norda-dynamics)[**TELETACTICA** $1.5M · Jul 2025](https://millionrounds.com/company/teletactica)

## Quick answers about MITS Fund

### What does MITS Fund invest in?

MITS Fund invests most often at Seed and Series A (100% of the rounds on record), in sectors such as Defense, Dual-use and Deep Tech.

### How active is MITS Fund?

5 investments on record, 2 of them in the last 12 months, and it led 3. The most recent was in Sept 2026.

### What has MITS Fund invested in recently?

Its most recent investments on record: M-Fly (Undisclosed round, Sept 2026), Dropla Tech (Undisclosed round, Jul 2026) and NORDA Dynamics (Seed, Sept 2025).

### How big are MITS Fund's cheques?

The median round it joins is $1.5M. It says it writes cheques of $50K to $250K.

### Does MITS Fund lead rounds?

Yes: it led 3 of its 5 investments on record (60%).

### Where does MITS Fund invest?

Most of the companies it backs are in Ukraine (40%), Denmark (20%) and Estonia (20%).

### Is MITS Fund investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### What kind of investor is MITS Fund?

MITS Fund is a VC firm based in Los Altos, United States.

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