The Danish tech company Acodyne has secured 2.5 million euros in a pre-seed round to further develop its unmanned cargo aircraft for military logistics missions, offshore operations, and other transport to remote areas. The funding round is co-led by Swedish venture capital firm Gungnir Capital and Danish PSV Hafnium, with participation from the Export and Investment Fund of Denmark (EIFO), SAP9 Group, and GreenUP IV Invest.
According to Acodyne, the capital will be used to develop and flight-test the company's first platform, the E100. The first flight tests are planned before the end of 2026.
The company is developing electrically powered unmanned eVTOL (electric Vertical Take-Off and Landing) vehicles that combine vertical take-off and landing with high-speed flight. According to the company, the E100 will be capable of transporting between 100 and 500 kilograms of cargo depending on the variant, with a cruising speed of around 450 km/h and a range of up to 500 kilometres.
"This funding round gives us the opportunity to take Acodyne from a validated concept to a flight-tested platform," says Jasmina Pless, co-founder and Chief Commercial Officer at Acodyne.
Max Villman at Gungnir Capital describes the investment as a contribution to the development of future unmanned logistics solutions for the defence sector. Marianne Hyltoft, partner at PSV Hafnium, highlights that the funding round will take Acodyne from a validated concept to a prototype and onwards towards operational use.