Granta Autonomy Funding News – Granta Autonomy Raises $1Mn Seed Funding led by ScaleWolf VC
Jul 10, 2024 | By Team SR
Defence tech Granta Autonomy has raised €1M in Seed funding. Lithuanian ScaleWolf VC led the round, with participation from Brolis Defence and HFL holdings.
SUMMARY
- Defence tech Granta Autonomy has raised €1M in Seed funding. Lithuanian ScaleWolf VC led the round
- Founded by former military engineers Gediminas Guoba and Laurynas Litvinas.
With the additional funding, Granta Autonomy will be able to quickly develop and produce its microgimbals, digital Datalink software, and lightweight surveillance and reconnaissance unmanned aerial vehicles (UAVs), all of which have been tested over the front lines of Ukraine.
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"The traditional battlefield is evolving, and Western armies require robust, reliable, and flexible solutions. Granta Autonomy is committed to ensuring our systems can be readily manufactured across Europe, reducing reliance on external sources. Today's funding enables us to ramp up our production capacity to deliver the large-scale deployments Europe needs," said Gediminas Guoba, founder and CEO of Granta Autonomy. "However, our focus goes beyond just numbers; our team works directly with soldiers on the battlefield, testing our products and software in combat zones and collaborating on solutions that excel in the toughest conditions. This battlefield experience, valued by our Western partners, fuels our mission to revolutionize drone reconnaissance for global militaries."
Edvinas Kerza, ScaleWolf VC's Managing Partner and former Vice Minister of Lithuanian MoD, adds: "Since we met Gediminas and the team, we have been impressed by the groundbreaking technology and vision of the Granta Autonomy team. Their innovative approach to developing surveillance and reconnaissance technology is second to none and has the potential to revolutionize the way armed forces manage complicated and multi-discipline reconnaissance missions. We proudly support their mission and look forward to seeing their autonomous UAVs impact the battlefield over the coming years."
About Granta Autonomy
Founded by former military engineers Gediminas Guoba and Laurynas Litvinas, Granta Autonomy is an innovative and experienced engineering company with a focus on the development and production of unmanned aircraft systems (UAS), integrations and components for intelligence, surveillance, target acquisition & reconnaissance (ISTAR), search & rescue, and loitering munitions.