$500,000 for the development of drone swarms: Ukrainian company Swarmer raises investment from the new Oppenheimer Fund syndicate

Ukrainian technology company Swarmer, known for its AI technology developments for drone swarms, has successfully attracted $500,000 in investment, DOU reports.

The funding came from Oppenheimer Syndicate, a newly formed investment syndicate of the Oppenheimer Acceleration Fund, part of the international Network VC Group.

• The investment in Swarmer was the first deal for Oppenheimer Syndicate. The fund’s founders note that the collaboration with the Ukrainian company aims to stimulate and attract more Ukrainian and international investors to finance defense startups.

• Swarmer previously raised a record $15 million for Ukraine in the field of defense technologies after the start of the full-scale invasion.

About Oppenheimer Acceleration Fund

Oppenheimer Acceleration Fund is a venture initiative of Network VC Group that focuses on investments in MilTech (military technology), AI, and dual-use technologies.

For private investors, Oppenheimer Syndicate offers the opportunity to participate in the fund’s DefTech deals. The minimum investment amount is $5,000, and all transactions are conducted online through the Startup Inc. platform.

The fund actively works with key players in the ecosystem, such as Brave1 and Sikorsky Challenge, and regularly holds Demo Days in Silicon Valley and Kyiv.

Read more: $10 million for drone navigation development. US-Ukrainian Vermeer attracts investment round from Draper Associates