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Ex-defence minister Fedorov reveals his next steps: venture fund, think tank and teaching

Reported by Pravda
Aug 22, 2026· 2 min read
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Key Takeaways
  • • Former Ukrainian Defence Minister Mykhailo Fedorov is transitioning to private sector roles, launching a venture fund, establishing a think tank, and pursuing teaching opportunities following his departure from government.
  • • Fedorov's tenure as defence minister focused on military modernization including procurement of PAC-3 missiles, implementation of drone supply systems for brigades and corps, and deployment of autonomous systems to reduce soldier exposure on the battlefield.
  • • During his ministry leadership, Fedorov championed a ~$500M PURL mechanism to strengthen air defense capabilities and advance deep-strike military capabilities, representing significant capital deployment toward Ukraine's defense infrastructure.
  • • Fedorov has indicated willingness to return to the Defence Ministry under appropriate circumstances ("100%" openness), while simultaneously planning a near-term trip to the United States that his team characterizes as unrelated to political matters.
  • • His post-government agenda reflects a dual focus on technology-driven military innovation through venture investment and institutional knowledge transfer through academic and think tank engagement.
Summary
Mykhailo Fedorov, former Defence Minister of Ukraine, has announced his transition to multiple roles in the private sector and academia as he departs government service. According to Ukrainska Pravda, his next steps include launching a venture fund, establishing a think tank, and accepting teaching positions—representing a pivot toward civilian enterprise and institutional analysis rather than immediate return to public office.

During his tenure as Defence Minister, Fedorov executed a comprehensive military modernization agenda with material resource commitments. His accomplishments included securing PAC-3 missile systems, instituting baseline drone supply frameworks at the brigade and corps operational levels, and advancing autonomous systems integration to reduce direct personnel exposure in combat operations. These initiatives reflect a technology-first approach to military capability development, aligned with Fedorov's background as a digital entrepreneur and former Vice Prime Minister for Digital Transformation.

A significant achievement was the establishment of the ~$500 million PURL mechanism, which Fedorov identified as central to strengthening air defense systems and enhancing deep-strike capabilities. This capital mechanism represents substantial institutional financing toward Ukraine's defense infrastructure modernization during an active conflict period.

Fedorov's immediate plans include a planned trip to the United States, which his team has characterized as unrelated to political activities. Despite departing his ministry role, Fedorov has publicly stated his willingness to return to the Defence Ministry position if circumstances warrant, indicating his continued engagement with Ukrainian defense policy despite pursuing private sector opportunities.

His post-government trajectory—venture capital, think tank work, and academia—positions him as a knowledge broker between military technology innovation, capital markets, and institutional policy analysis, leveraging his experience as Ukraine's youngest cabinet appointee at age 28.

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Sources

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Pravda Ex-defence minister Fedorov reveals his next steps: venture fund, think tank and teaching