Ukrainian startup Frontline has secured $150,000 investment from Angel One Fund through a syndication agreement for the development of defense robotic systems production. Frontline shared the details with AIN.
About Frontline
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Frontline is a Ukrainian defense tech company founded in August 2023. Since 2014, the company has developed a number of solutions for the Armed Forces of Ukraine that have been implemented in the troops and are successfully performing their work.
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The company is now focused on creating air and ground systems for robotic defense and assault. Such as “Linza” bombers, “Zoom” reconnaissance drones and “Burya” combat robotic systems.
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These technologies are actively used on the battlefield, increasing the efficiency of military operations and saving lives.
Investment details
Angel One invested in Frontline to help Ukraine strengthen its defense capabilities and increase the effectiveness of modern military equipment.
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Angel One Fund is a venture capital fund that invests in Ukrainian startups and helps develop the startup culture in Ukraine.
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The fund provides pre-seed & seed capital to scale startups based on technologies, innovations, and intellectual property developed by Ukrainian founders. The main focus will be on FinTech, SaaS, EduTech, AI/ML. With the ticket size from $50,000 to $200,000.
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The fund accompanies startups throughout their development, providing the necessary capital, contacts with the entrepreneurial and venture capital communities, as well as management and marketing expertise to bring products and services to global markets.
The investment from Angel One is an important milestone for the company, allowing it to accelerate development, production, and supply more modern solutions to the frontline.
Previously, AIN informed that Frontline raises $100,000 in investment from Estonian fund Startup Wise Guys.