The primary investor is Presto TechHorizons, with participation from Network VC, Allied VC, and other angel investors. To date, the company has raised $2.7 million and successfully closed its seed funding round.
Bavovna's dual-use technologies based on artificial intelligence (AI) enable ultraviolet devices to operate safely and accurately in environments lacking GPS and under the threat of electronic warfare (EW), without maps or vehicle connectivity.
The company's innovative solutions address critical challenges faced by defense and commercial operators of ultraviolet unmanned aerial vehicles in air, ground, and underground domains.
Leading investor Presto Tech Horizons has extensive experience in funding innovative deep technologies and dual-use technologies. It provides Bavovna with capital in current and future investment rounds, as well as access to a wide network of clients and partners in both commercial and defense sectors.