MITS Capital Llc

You can find them both at news-items.com. Our guest today is Perry Boyle.

Perry is the co-founder and CEO of MITS Capital, a Kyiv-based investment bank and venture firm focused on Ukraine's defense technology sector.

Launched in January 2024, MITS runs what it describes as Ukraine's first defense tech accelerator, similar to Y Combinator, if you're familiar with that.

He does so in partnership with American University Kyiv and with backing from the Ukrainian military and is raising the roughly $50 million MITS Lightning Fund to invest in early-stage Ukrainian startups working on drones, autonomous systems, and AI for defense.

We were joined by a third partner, Anton Melnick.

And we spent about a year trying to figure out how best to set ourselves up.

And in February of 2024, we formally launched MITS Capital and MITS Accelerator, as you noted.

One correction, I'm not sure we were the first defense tech accelerator in Ukraine.