Taiwanese startup founded in 2018, Tron Future Tech, has announced the completion of Series A financing of TWD900 million. The company specialises in counter-uncrewed aerial systems (C-UAS) technology, low-orbit satellite communication systems and synthetic aperture radars.
This round of funding was jointly led by Taishan Investment and Warwick Venture Capital. Innovative Industrial Technology Transfer Co., Ltd. (Industrial Research Institute Yard Company), Daya Venture Capital and Heku Venture Capital also participated in the investment.
After completing the fundraising, the company will invest in expanding its product line and production capacity. Tron Future also intends to increase its involvement in critical infrastructure protection markets in Japan, Europe and the United States.
The company’s C-UAS technology has been deployed in partnership with Taiwan’s armed forces and will also be deployed to protect the Hsinchu Science Park.
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