PDKINEMATICS raises €2M seed for drone precision-guidance out of Lithuania

Vilnius-based PDKINEMATICS has raised a €2 million seed round co-led by Coinvest Capital — Lithuania's sovereign investment fund — and Iron Wolf Capital, taking the young company's total funding to roughly €3 million.

Guidance for mass-produced drones

PDKINEMATICS builds precision-guidance systems designed to be small, cheap and platform-agnostic — the company's pitch is making the kind of accuracy once reserved for expensive hardware available at the cost and form factor of a mass-produced uncrewed system. Its flagship product, Gannet, is designed to integrate with new drone types quickly and to keep working in environments where signals are jammed.

Co-founder and CEO Rapolas Markevičius frames the company as a direct response to demand from the front line, where, he argues, the market lacked precision "at altitude, at the cost and form factor of a mass-produced drone." The technology has been validated in battlefield conditions in Ukraine, and the company has tied up with partners including the Ukrainian uncrewed-systems maker Bavovna.ai and Italy's SiraLab.

A Baltic bet

Founded only in 2025 by Markevičius, Simonas Stasevičius and Dominykas Rinkevičius, PDKINEMATICS will use the round to scale manufacturing and expand deployments across Europe and Ukraine. The backing of Lithuania's state investment vehicle is part of the story: the Baltic states, on NATO's eastern flank, have become some of the continent's most committed funders of defence technology, and a sovereign co-lead at seed is a marker of how strategic small, fast-moving drone-tech companies have become to national security thinking.

It is a modest cheque in absolute terms, but it sits squarely inside the single most active theme in European defence venture — the race to put cheap, autonomous, jam-resistant capability into the air at scale.