Ukrainian developer of TerMIT ground robot raises US$3.74 million from MITS Capital | Ukrainska Pravda https://t.co/7OEavrzGeg
🔴 A US venture firm just made history by investing $3.74M in Ukrainian defense tech. https://t.co/CP8GX4l3xE
BraveTech Eu Europa e Ucraina uniscono le forze per potenziare l’industria della difesa https://t.co/bqO2vGYLan via @Linkiesta
U.S.–Ukrainian venture firm MITS Capital has invested US$3.74 million in Kyiv-based robotics maker Tencore, marking the first time a U.S. venture fund has taken an equity stake directly in a Ukrainian defense company under local law. The deal was unveiled on 11 July at the Ukraine Recovery Conference in Rome and structured through Ukraine’s Diia.City regime, which extends Silicon-Valley-style legal protections such as convertible loans and international arbitration to technology companies. Tencore manufactures the TerMIT unmanned ground vehicle, certified to NATO standards and already deployed by Ukrainian forces for logistics, casualty evacuation, mine-clearing and fire-support missions. The company has produced more than 800 units and plans to lift output to 2,000 by the end of 2025. MITS Capital said the fresh capital will expand research and production capacity and provide a model for additional foreign investment in Ukraine’s fast-growing defense-technology sector.