Hi Eric,

We are recharged by two days of a massive hackathon organized by the MOD and prizes fully sponsored by D3 in partnership with KSE. This is all thanks to a generous gift by our investor Rob. Huge thanks! Around 600 participants worked for 2 days on the following categories:

The focus was clearly on AI/software. We sourced 2 companies for a deeper look. This was the largest defense tech hackathon ever in Ukraine. The ecosystem is thriving!

Pitching at the hackathon by >30 companies offline and >90 companies online

Pitching at the hackathon by >30 companies offline and >90 companies online

D3 is recognized as the best partner for miltech startups in the region

D3 is recognized as the best partner for miltech startups in the region

Lots of remote controlled and autonomous systems like UGVs

Lots of remote controlled and autonomous systems like UGVs

Officially my first keynote in Ukrainian after speaking Russian for decades

Officially my first keynote in Ukrainian after speaking Russian for decades

Deal Flow

Total = 271 (+31)

Record number of companies added!

We have extended an investment offer to Buntar. Attached please see the investment case.

We have sourced Nodar (target locking for last mile) and FlightMind.ai (optical navigation) on the hackathon and will be doing the follow up.

Portfolio news

Acceleration program is in full speed with our weekly check ins, financial modeling deep dives, customized value proposition session, and a fundraising seminar.