Swedish investment firm Front Ventures has invested $550,000 in Aeromotors, a Ukrainian manufacturer of electric motors for drones. The deal was reported by Defender Media.

Deal Details

• According to Front Ventures CEO Jonas Malmgren, the firm acquired a 5.5% stake in Aeromotors, valuing the company at $10 million.
• The funding will be used to purchase new equipment and scale production threefold compared to current volumes.
• Aeromotors CEO Andrii Tyndyk told Defender Media that the company currently produces around 10,000 electric motors per month, including in-house metalworking. The goal is to increase output to 60,000 motors per month.
• Beyond capital, the Swedish investor will also support Aeromotors in launching production lines in Europe. Front Ventures said it was drawn to the company due to growing demand for non-Chinese drone motors, as well as Aeromotors’ ability to manufacture all components in-house and customize motors to customer requirements.

About Front Ventures

• Front Ventures is a Swedish public company that began investing in defense projects in the summer of 2025, with a focus on Swedish and Ukrainian startups.
• Aeromotors is the second Ukrainian startup in Front Ventures’ portfolio. In the fall of 2025, the firm invested SEK 60,000 in Skyhunter, a startup that automates combat UAV targeting using real-time radar data. Swedish firm Hede Capital participated as a co-investor. Front Ventures received a 1.1% stake in the project, valuing Skyhunter at $4 million.
• Front Ventures plans to participate in future funding rounds for Aeromotors. Overall, the firm intends to invest $2–4 million in defense startups in 2026. Its priority areas include NRC, drone components, software, payload production, and specialized UAVs.