In July, Ukrainian defense tech company The Fourth Law (TFL) announced that it had secured investment. Until now, neither the amount of funding nor the investors had been disclosed, as some participants preferred to remain private.

It was only reported that the round included a group of venture capital firms and angel investors from the EU, the US, and Canada. Now, two of those investors have been named: 1991 Ventures and Double Tap Investment (DTI). 1991 Ventures, a London-based VC firm founded in 2024 by Ukrainians Denis and Viktor Gursky, confirmed its participation to Scroll.media.

«1991 Ventures is a sector-agnostic firm; we invest in early-stage startups that seek to solve real problems. For Ukraine, the biggest problem is still the war started by Russia. Our fund was created as a launchpad for products that deserve to be scaled up. Despite a very high level of interest, the Ukrainian defense tech industry is still significantly underinvested. That is why we are considering solutions in the defense sector — the investment in The Fourth Law has become our fund’s second defense investment after A2i. At the same time, the United Kingdom, where we operate as a fund, defines defense as one of its priority industries at the state level, and we believe that such investments strengthen the relationship between Britain and Ukraine in the defense sector,» said Viktor Gursky, partner at 1991 Ventures, in a comment to Scroll.media.

• This marks 1991 Ventures’ second defense-tech investment. Previously, the firm backed Allied Adaptive Industries (A2i), founded by former Royal Marines officer John Williams.
• The second disclosed investor is Double Tap Investment (DTI), a Finnish-Ukrainian investment company, which confirmed its participation to Defender Media.

About The Fourth Law

• The Fourth Law was founded in Kyiv in 2023 by Yaroslav Azhnyuk, a serial entrepreneur, alongside a team of engineers, scientists, drone operators, and veterans.
• Today, the company has offices in the US, EU, and Ukraine, positioning itself as a defense-tech player aiming to strengthen the security capabilities of the free world.
• The startup is developing a multi-level AI system for precise detection and classification of both stationary and moving targets. Its technologies reportedly help overcome challenges related to electronic warfare and radio horizon limitations, while also improving the accuracy of Ukrainian pilots. According to reports, the Ukrainian Armed Forces are already making extensive use of The Fourth Law’s products.
• We previously covered more about the startup and its technologies here.