Buntar Aerospace raises $16M to expand drone autonomy
Ukrainian defense technology firm Buntar Aerospace has raised $16 million in new funding, led by Freedom Fund and an unnamed global investor, with additional backing from Gardar, Iron Wolf, and Autonomy Capital. This latest investment brings the total raised by the company to $30 million. Buntar plans to use the capital to accelerate product development, expand production for Ukraine's armed forces, and enter new international markets for both defense and civilian autonomous systems.
- $16M round led by Freedom Fund and international investor
- Total capital raised now stands at $30 million
- Funds will scale production for Ukrainian armed forces
- Expansion to international and civilian markets planned
Sources covering this
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