Israeli loitering munition specialist SpearUAV has successfully completed a significant funding round led by the Deep Insight venture fund, the company announced on 24 March 2025.
The round also included participation from existing and new private investors and follows a period of accelerated expansion, with SpearUAV securing major defence contracts and scaling up its operations to meet increasing global demand. The funding will enable the company to establish a new production line in Israel, while also supporting future expansion plans in the United States, including the eventual launch of a dedicated production facility there.
“SpearUAV has demonstrated an exceptional ability to address evolving operational needs with its cutting-edge technology,” the company quoted Dr Eyal Kishon, chairman of Deep Insight, as saying in a press release. “At Deep Insight we specialise in elevating technology companies, and we recognise that SpearUAV possesses a unique combination of foundational capabilities, innovative technologies and a disruptive market approach that sets it apart from existing solutions. We are excited to support SpearUAV’s continued innovation and global expansion and confident that our partnership will produce significant success in the defense sector.”
“SpearUAV has experienced rapid growth over the past year, driven by increased demand for our cutting-edge Viper family of loitering weapon systems supporting combat vehicles, infantry forces, submarines and naval vessels,” added SpearUAV CEO Yiftach Kleinman. “Since the company was founded by Gadi Kuperman, Spear has attracted interest from high-profile private investors and strategic investors. The current investment round, led by Deep Insight, a sophisticated venture fund that is led by highly experienced leadership, reflects the confidence of our partners in our technology and vision. Expanding our production capabilities in Israel is a critical step to meeting global demand, and we are also laying the groundwork for future operations in the US to further strengthen our international presence and partnerships. We are proud to be part of Deep Insight’s portfolio.”
