US Investors Pour $15M into Ukrainian Startup Swarmer for AI Drones

American funds have invested $15 million in Ukrainian defense startup Swarmer, which creates innovative swarm drone systems for modern combat operations.

The Gaze reports on it, referring to a message made by First Deputy Prime Minister and Minister of Digital Transformation Mykhailo Fedorov on Telegram.

The technologies produced by Ukraine in the defense sector continue to attract global attention and change perceptions of modern warfare. 

“Ukrainian innovations have become game changers on the battlefield and have forever changed perceptions of modern technological warfare,” Mykhailo Fedorov emphasized.

Swarmer, a company that creates artificial intelligence-based systems for autonomous drones, has attracted $15 million in investments from American funds, including Broadband Capital Investments, R-G.AI, D3 Ventures, Green Flag Ventures, Radius Capital, and Network VC. This is the largest private financing of a Ukrainian defense technology company since the start of the war.

Swarmer's technologies are already proving their effectiveness on the battlefield, providing a new level of autonomy for drones. 

Fedorov explained that the funding will give Swarmer the ability to provide swarm functionality to each drone, making it possible to deploy unlimited numbers without being limited by available pilots.

The Minister emphasized that Ukraine creates unique products that have no analogues in the world. 

“The fact that American investors are investing in our technologies shows that the world not only believes in Ukraine's potential but is also ready to help us implement battle-tested innovations on the front lines on a large scale,” Fedorov added.

As The Gaze reported earlier, Ukraine became the first country to routinely use swarms of drones with artificial intelligence on the battlefield, and is now preparing to test even larger-scale operations with over a hundred drones.