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Ukraine’s long-awaited weapons tech investment boom is finally kicking off


Ukrainian weapons startups are finally seeing an inflow of funds from Western investors who have long been intrigued by the Ukraine's defense tech sector but have so far kept their money out of the war-torn country. Financial analysis firm Pitchbook provided the Kyiv Independent with data showing a four-fold rise

Ukrainian weapons startups are finally seeing an inflow of funds from Western investors who have long been intrigued by the Ukraine's defense tech sector but have so far kept their money out of the war-torn country. Financial analysis firm Pitchbook provided the Kyiv Independent with data showing a four-fold rise in foreign venture capital deals in Ukraine-headquartered startups after the market flatlined in 2022 and 2023 following Russia’s invasion. His work has appeared in Radio Free Europe, Fortune, Breaking Defense, the Cipher Brief, the Foreign Policy Research Institute, FT’s Sifted, and Science Magazine.

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