Ukrainian startup Griselda, which specializes in data processing solutions for defense and security, has raised $600,000. The round was led by the Finnish-Ukrainian fund Double Tap Investments. The DTI reported this to AIN.UA.
Griselda also received $250,000 in grant funding in the second half of 2024.
About Griselda
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Griselda is a geographic information platform designed to increase situational awareness and improve decision-making in both military and humanitarian operations.
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It is based on the concept of data fusion – the process of combining information from various sources, HUMINT, OSINT, SIGINT (electronic intelligence), IMINT (satellite and aerial intelligence), creating a comprehensive and accurate operational picture. This capability improves decision-making at all levels, from tactical to strategic.
“This partnership will allow Griselda to further develop its platform by using artificial intelligence and advanced recognition algorithms to more efficiently process and analyze various types of data,” said Oles Khudoba, founder of the DTI Foundation.
Investment details
Double Tap Investments is a Finnish-Ukrainian investment company that focuses on helping Ukrainian defense technology startups finance, grow, scale production to win the war and create products and innovations for a better world.
The fund recently closed the first round of funding for Ukrainian drone developer Black Forest Systems.
