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Former Point72 executive aims to raise $50 million for cutting-edge defense technology venture capital fund focused on Ukraine’s security sector

MITS Capital Launches Ukraine Defense Tech VC Fund

Making a Strategic Investment

MITS Capital, a venture capital firm based in London, recently announced the launch of a new fund aimed at investing in Ukrainian startups specializing in defense technology. The flagship fund, led by Perry Boyle, aims to provide early-stage funding to innovative defense startups in Ukraine. This represents a significant milestone in the investment landscape, as it signals a growing interest in the defense sector among venture capitalists.

Key Takeaways from the Article

– MITS Capital has established a dedicated fund for investing in Ukrainian defense technology startups.
– The fund is led by Perry Boyle, who is looking to raise $50 million to support early-stage defense startups in Ukraine.
– This investment marks a strategic move by MITS Capital to tap into the growing potential of the Ukrainian defense technology sector.

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