A Ukrainian company that creates AI solutions for drones recently secured funding from a consortium of four foreign investors worth almost $3 million. This deal is one of the largest individual investments in the Ukrainian defense tech industry since the beginning of Russia’s full-scale invasion. It is part of a growing trend as investors increasingly recognize the appeal of Ukrainian defense tech innovations. Since the beginning of 2024, the sector has attracted more than $20 million in investment.
International funding is crucial as Ukrainian defense tech manufacturers seek to improve technologies and scale up production. In an environment where the state does not have unlimited resources, attracting private capital to the sector is a no-brainer. It is therefore a strategic priority for the Ukrainian authorities to create the kind of business climate that can appeal to international investors.
Voice of Ukraine 