Palantir CEO Alex Karp Invests in New Defense Tech Startup Founded by Former Ukrainian Defense Minister
Former Ukrainian Defense Minister Mykhailo Fedorov is launching a defense technology startup, backed by Palantir Technologies CEO Alex Karp as its first lead investor. The venture aims to leverage Ukraine’s wartime technological experience into products for both Kyiv and allied nations. While the investment size remains undisclosed, Karp praised the initiative in a video shared on X, calling it potentially transformative. Fedorov has been actively engaging with U.S. investors since his removal from office by President Volodymyr Zelenskyy last July. The startup is part of broader efforts to commercialize defense technologies developed during Ukraine’s war against Russia, including drones and AI-driven systems. Fedorov also seeks support for a separate investment fund focused on battlefield robotics and other advanced military tech. The venture highlights growing international interest in Ukrainian-led innovation amid the ongoing conflict. Palantir has not yet commented publicly about its involvement.
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Topics: Defense Technology Government Transition Investment Ukraine War Innovation