Ukrainian-Lithuanian defence technology startup Valkyrie Dynamics has raised €1 million in a pre-seed funding round led by Paris-based venture studio Hexa, with participation from defence tech angel investors, as the company looks to develop radar technology for drone interceptors, as Vestbee was informed.
- Founded in 2026 by Marcin Kovalevskij, Valkyrie Dynamics develops miniature radar systems designed to help low-cost interceptor drones track and engage aerial targets in challenging weather conditions.
- Its main product, Heimdall, is a lightweight radar seeker that can be integrated into interceptor drones, enabling them to detect targets in conditions such as fog, rain, smoke and snow, where conventional optical and thermal cameras may struggle.
- The company operates a research and development lab in Kyiv, where it works directly with Ukrainian frontline operators to test and improve its technology. It has also conducted flight tests with Korven Systems, a Ukrainian-Estonian developer of autonomy systems for interceptor drones.
Details of the deal
- With the fresh capital, Valkyrie Dynamics plans to manufacture the first version of its radar seeker, further develop its technology and expand its team.
- The company is also working on next-generation radar seekers with longer detection ranges and wider fields of view, while planning to establish technical integration hubs in Europe to support NATO procurement programmes.
