Ukrainian startup Griselda, specializing in data processing solutions for defense and security, has secured $600,000 in funding led by Double Tap Investments, along with an additional $250,000 in grant funding for the second half of 2024.
- Founded in 2023 by Oleksiy Teplukhin, Griselda develops data automation platforms that help organizations process large volumes of data, turning it into actionable insights for critical decision-making.
- The platform is designed to support urgent civil and humanitarian operations, such as disaster relief and recovery efforts.
- The startup's key products include:
- G-Rescue: Automates data collection from social media and messaging platforms, applies semantic analysis, filters data with geospatial information, and provides interactive maps and prioritized notifications for more effective rescue operations.
- Griselda Recovery Management System (RMS): A software suite that tracks infrastructure health, manages equipment requests and provides recovery progress reports.
Details of the deal
- The investment was made by Double Tap Investments, a Finnish-Ukrainian investment management firm that focuses on investing in and growing Ukrainian defense tech startups.
- Griselda will use the funds to expand its data processing capabilities, enhance its platform with AI and advanced algorithms, and develop specialized intelligence solutions. The investment will also strengthen partnerships with European and international security organizations.
"This partnership strengthens our ability to deliver scalable, high-impact intelligence solutions that optimize data flows, accelerate response times, and enhance operational effectiveness. In modern warfare, every second counts—Griselda ensures they are used wisely," Griselda's team commented.
