Shotling Secures €700K Pre-Seed Funding Led by Myriad Defense Fund

Why It Matters

The funding accelerates deployment of kinetic C‑UAS solutions, addressing growing drone‑threat concerns and positioning Europe’s defense ecosystem for rapid market adoption.

Key Takeaways

• Shotling secured €700K pre‑seed for kinetic C‑UAS development
• Lead investor Myriad Defense Fund specializes in defense technology
• Co‑investor IPO CLUB Fund II targets American market expansion
• EIFO provided matching non‑dilutive loan, boosting Danish export potential
• Funds allocated to rapid‑fire short‑range counter‑UAS system

Pulse Analysis

The proliferation of commercial drones has created a pressing need for reliable counter‑UAS (C‑UAS) solutions, especially in congested urban and critical infrastructure zones. Shotling, headquartered in Copenhagen, focuses on kinetic short‑range systems that physically intercept rogue aircraft within a few hundred meters, offering a low‑latency, no‑jamming alternative to electronic methods. By leveraging rapid‑fire projectile technology, the company aims to neutralize threats without disrupting nearby communications, a capability increasingly demanded by airports, stadiums, and government facilities across Europe. These systems also reduce collateral risk, aligning with stricter safety regulations. Consequently, Shotling's approach addresses both operational and regulatory challenges.

The €700,000 pre‑seed round signals strong investor confidence in Shotling's technology stack. Lead investor Myriad Defense Fund, known for backing early‑stage defense innovators, spearheaded the round, while IPO CLUB Fund II America 2030 joined to facilitate future U.S. market entry. Complementing the equity infusion, Denmark’s Export and Investment Fund (EIFO) contributed a non‑dilutive match‑loan, effectively doubling the capital available for product development. Such blended financing is typical for European defense startups seeking to scale quickly while preserving ownership and meeting national export objectives. The funding will accelerate prototype testing and regulatory certification.

With capital in hand, Shotling is positioned to deliver its rapid‑fire short‑range C‑UAS platform ahead of competitors still reliant on electronic jamming. Early deployment could unlock contracts with European airports and defense ministries, sectors that have earmarked billions for drone mitigation solutions in the next five years. Moreover, the partnership with IPO CLUB hints at a strategic push into the lucrative American market, where regulatory frameworks are rapidly evolving. Successful commercialization would not only validate the kinetic approach but also reinforce Denmark’s reputation as a hub for advanced defense technology.

Deal Summary

Copenhagen-based counter-UAS startup Shotling announced a €700,000 pre-seed round to accelerate its kinetic short-range C-UAS system development. The round was led by Myriad Defense Fund with co-investment from IPO CLUB's Fund II America 2030 and a matching non-dilutive loan from the Export and Investment Fund of Denmark (EIFO).