The Inzhur MilTech fund, through which Ukrainian citizens can invest in drone production by Vyriy Industries, has raised over UAH 500 million (around US$11 million) on its first day.

Source: Vyriy Industries

Details: Vyriy Industries reported: "12,239 investors took part, and the average investment was UAH 40,819 [US$912]."

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The company said the funds raised will be used to expand production and purchase components. It says its products are used by over 200 units in Ukraine's defence forces.