{
  "id": 4626090,
  "title": "Former Ukraine defence minister Mykhailo Fedorov plans new defence tech investment fund",
  "url": "https://urgent.news/2026/08/31/former-ukraine-defence-minister-mykhailo-fedorov-plans-new-defence",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-31T10:19:36.000Z",
  "source": {
    "name": "Tech.eu",
    "slug": "tech-eu",
    "url": "https://tech.eu/2026/08/31/former-ukraine-defence-minister-mykhailo-fedorov-plans-new-defence-tech-investment-fund/"
  },
  "original_language": "en",
  "account": "Former Ukrainian defense minister Mykhailo Fedorov has announced his plans to launch a new defense technology investment fund on Telegram. The 35-year-old former minister, who served for only six months before being dismissed in July, is aiming to develop technologies needed on the battlefield. Fedorov's dismissal sparked weeks of protests across Ukraine and created a political challenge for President Volodymyr Zelenskyy. He was replaced by Evgeniy Khmara, a former head of Ukraine's Security Service (SBU) and head of the SBU's Alpha Group. During a visit to Washington, Fedorov unveiled the initiative, meeting with venture funds, entrepreneurs, technology companies, experts, and organizations that could become partners in the new projects. The proposed fund differs from traditional venture capital models by not only backing existing Ukrainian defense tech startups but also creating new companies around critical technologies needed on the battlefield. Fedorov outlined three initial focus areas: battlefield robotics to minimize soldiers' exposure to dangerous front-line areas, jet-powered interceptor drones to counter emerging aerial threats, including Shahed drones, and low-cost missiles incorporating artificial intelligence. Discussions with potential investors and partners are already underway, and the next stage will involve assembling a team, presenting the fund's model, and launching its first projects. Fedorov's role in the fund is yet to be determined, but he expressed his goal to attract international capital and expertise to create new technologies, enabling Ukraine to defeat the enemy in each subsequent technological cycle.",
  "summary": "Former Ukrainian defence minister Mykhailo Fedorov has announced on Telegram plans to launch a new defence technology investment fund focused on developing technologies needed on the battlefield.Aged ...",
  "key_points": [
    "Mykhailo Fedorov plans defense tech investment fund",
    "Focus areas: battlefield robotics, interceptor drones, low-cost AI missiles",
    "Discussions with investors underway for fund launch"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}