Lithuanian drone maker Granta Autonomy raises €1M

Lithuanian Granta Autonomy, which specializes in autonomous drones for intelligence, surveillance, and reconnaissance, has raised €1 million in seed funding. The round was led by Lithuania-based ScaleWolf. Lithuanian Brolis Defense and US-based HFL Holdings also participated in the deal.

Granta Autonomy was founded in 2015 by former military engineers Gediminas Guoba and Laurynas Litvinas. The company has developed reconnaissance remote-controlled UAV aircraft, lightweight gimbals, and its Datalink software. Granta Autonomy now supplies NATO forces across Europe with its range of hand-launched Hornet UAVs, while also supplying several partners with its proprietary lightweight micro-gimbals. The investment raised will enable the company to accelerate the development and production of its surveillance technology.

ScaleWolf invests in companies that have already developed products or services and are looking to improve their products and expand into other markets. The managing partner of the fund is Edvinas Kerza.

Brolis Defense is engaged in the development of infrared laser products, ranging from near-infrared to mid-infrared.