Tencore, a Ukrainian startup specializing in unmanned ground vehicles, secured $3.74 million in funding from MITS Capital to scale its operations and enhance its flagship product, TerMIT.

Information on the Target

Tencore is a Ukrainian startup specializing in the development of unmanned ground vehicles (UGV) designed for battlefield applications. The company's flagship product, TerMIT, is a NATO-standardized multi-mission robotics platform that has already been deployed in frontline combat situations, demonstrating its operational effectiveness.

To date, Tencore has produced over 800 units of TerMIT and aims to expand production to 2,000 units by the end of 2025. This scaling effort reflects the company's ambitions to solidify its position in the defense technology market.

Industry Overview in Ukraine

Ukraine's defense technology sector is experiencing significant growth, fueled by increased defense spending and a focus on modernizing military capabilities in response to region