Founded in 2020, Tulip Tech develops and manufactures customised high-energy battery systems designed to extend mission endurance by 30% to 100% compared with standard battery packs. Its customers include defence, security and civil OEMs across Europe.
The new funding will be used to scale production, strengthen supply chain resilience and expand the company’s international customer base. The investment comes as European demand for drone and other unmanned system capabilities continues to rise, particularly in defence and security.
Tulip Tech said it recently produced and delivered more than 100,000 battery packs in a single month, a milestone that points to growing manufacturing capacity as it looks to support broader deployment across European defence and civilian platforms.