Buntar Aerospace raises $16M to scale Ukrainian defence autonomy

What happened

Ukrainian defencetech company Buntar Aerospace has closed a $16 million funding round. It brings the company's total capital raised to $30 million.

The round was led by Freedom Fund and an international growth equity investor, with participation from Gardar, Iron Wolf, and Autonomy Capital. Buntar Aerospace built its business on the Buntar-3 reconnaissance drone and Buntar Copilot, knowledge-based AI for drone warfare.

Together they form a stable, fast-growing commercial base with front-line units across Ukraine. With its new investment funding, Buntar Aerospace will accelerate product development, expand manufacturing capacity to meet growing demand from the Armed Forces of Ukraine, and recruit top engineering, management and operations talent while bringing proven teams and technologies into the Buntar platform.