According to Minister of Digital Transformation Mykhailo Fedorov, companies registered on the Brave1 platform have already received $8M in grants from the state to develop their technological startups.
“About 3,000 companies are registered on the Brave1 platform, 99% of which did not exist before 2022. We provide expertise so they can focus on their development,” he said.
In addition, cluster members actively attract investment from international donors. According to Fedorov, the total amount of such investment may reach $50M by the end of the year and even more in 2025. This is evidenced by the results from the International Defense Technology Investment Summit – Defense Tech Valley Event, attended by numerous investors from many countries.
In addition, from July 2023 to October 2024 the Brave1 program has issued 98 grants for ground drone development totaling ₴91.4M, almost a third of the 355 grants issued for various types of defense tech development. Other investments are aimed at developing UAVs, which are means of both security and intelligence.