“Thanks to Brave1, Vidar Systems, the developers of the acoustic system that detects firing positions of artillery and mortars, attracted $450,000 from investors and a venture capital fund from the Czech Republic – Presto Ventures.”, — write: www.epravda.com.ua
Thanks to Brave1, Vidar Systems, the developers of the acoustic system that detects firing positions of artillery and mortars, attracted $450,000 from investors and a venture capital fund from the Czech Republic – Presto Ventures.
About this informs Deputy Prime Minister – Minister of Digital Transformation Mykhailo Fedorov.
Vidar Systems plans to spend $450,000 to expand the team and scale the product to make it even more convenient to use in a combat environment.
The introduction to the venture capital fund took place at the Invest Demo Day organized by Brave1. The defense cluster constantly presents Ukrainian defense tech companies to investors and helps them understand how the market is organized, Fedorov noted.
According to him, thanks to Brave1, investors find promising technologies in which they are interested in investing, and top developments receive funding.
We will remind:
Military technology cluster Brave1 succeeded attract more than 25 million dollars of external investments, increasing this indicator by 20 million dollars relative to 2023.