Bavovna AI Raised Total Seed-stage Funding of $2.7 Million
CHARLESTON — Bavovna.AI, a builder of autonomous navigation systems for Unmanned Vehicles (UVs), announced the closure of a Late-Seeded Round of $1.7M led by Presto TechHorizons, with participation from Network VC, Allied VC, and other angel investors. The US based company has raised $2.7M to date and successfully closed its Seed stage funding.
Bavovna’s dual-use, AI-powered technologies enable UVs to safely and accurately operate in GPS-denied and Electronic Warfare (EW) threatened environments without maps or vehicle communication. The company’s pioneering solutions address critical challenges defense and commercial UV operators face across aerial, surface, and subsurface domains.
The lead investor, Presto Tech Horizons, brings a strong track record of innovative deep-tech and dual-use investments, providing Bavovna with capital in this and future rounds, while opening their extensive network of clients and partners in both commercial and defense sectors.
“We see this investment as a strategic partnership between Presto Tech Horizons and Bavovna,” said the fund’s Partner, Premysl Rubes. “Presto’s network and company building know-how align perfectly with Bavovna’s capabilities to bring the speed of front-line innovations to dual-use applications, while our experience in rapid deep tech development will fuel Bavovna to scale. At the same time, we see Bavovna as a valuable resource for other startups in our portfolio.”
“The partnership with Presto Tech Horizons is a strategic move that goes beyond investment,” said Maksym Prasolov, Co-founder and Chief Growth Officer of Bavovna. Presto’s capital, experience, and network capabilities will accelerate our growth toward a leadership position in autonomous systems. We are also honored to share our experience to support other dual-use startups as they navigate the defense landscape.”
Bavovna graduated from the US Air Force Labs / Mass Challenge program in late 2023 and is known for its innovative UV software and hardware solutions. The company is rapidly emerging as a leader in UV autonomy and has a strong presence in Ukrainian theater. This fresh capital infusion will enable the company to scale NDAA-complaint production in North America and the EMEA, enhancing its existing product lines and exploring new frontiers in both defense and commercial sectors.
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