The Ukrainian-American investment group MITS Capital has announced an investment of $3.74 million in Tencore, a Ukrainian robotics company known for its multifunctional robotic complex TerMIT.

The agreement was announced during the Ukraine Recovery Conference (URC2025) held in Rome. The investment was structured under the legal framework of "Diia.City" directly into the Ukrainian entity Tencore.

"MITS Capital proudly signs the first contract between an American investor and a Ukrainian company in the defense technology sector through 'Diia.City'," stated MITS Capital CEO and Founding Partner Perry Boyle.

MITS Capital highlighted that this agreement opens up a legal pathway for international investors to make direct investments in Ukraine without needing to find alternative routes.

Since the beginning of 2025, the legal regime "Diia.City" has actively expanded into the DefenseTech sector, now including over 300 resident defense companies.

According to MITS Capital, Article 29 of the Law of Ukraine on "Stimulating the Development of the Digital Economy in Ukraine" contains provisions allowing for the creation of loan agreements with alternative performance obligations. Additional protection for the parties is provided through contractual agreements regarding applicable law with designated countries for arbitration or courts whose decisions are automatically recognized in Ukraine.

"This mechanism makes investments in Ukrainian legal entities as reliable as those in familiar venture business C-Corps in Delaware or E-Residency companies in Estonia," emphasized MITS Capital CIO and Founding Partner Denys Hurak.

MITS Capital, established in 2024 with offices in Kyiv and New York, focuses on investments in Ukrainian defense technology innovations. As of July 2025, MITS Capital's portfolio includes 11 companies.

Tencore is a Ukrainian developer and supplier of robotic platforms, employing a team of over 200 people. The TerMIT development features a modular architecture adaptable for various tasks, including logistics, evacuation missions, and engineering operations such as mine clearance and providing fire support to units on the front line.

Additionally, in June, it was announced that the Ukrainian communication system manufacturer Himera Radios and Tencore would collaborate on creating stable and secure communication for ground robotic complexes.