Former Google CEO Eric Schmidt invests $400 million in Ukraine's defense technologies
Former Google CEO Eric Schmidt has become one of the largest private investors in the Ukrainian technology sector. According to expert estimates, the total amount of his investments in Ukraine has already reached $400 million.
At the beginning of the full-scale invasion, Schmidt focused primarily on humanitarian aid. However, over time, his priorities shifted, and he began to actively support the development of Ukrainian defense technologies, known as defense tech.
These investments are aimed at developing innovative solutions that assist the Ukrainian military on the battlefield. Support from influential figures like Eric Schmidt allows Ukrainian startups to create new technological products more quickly and scale their production.
Attracting foreign capital to the defense sector is an important step for strengthening the country's security. It is expected that cooperation with international experts will help Ukraine become one of the leaders in the field of modern military technologies.