Drone startup Uforce raises $700m backed by Valor Equity Partners, UK National Wealth Fund
London-based defense company Uforce has secured $700 million in Series A funding, with co-leaders Valor Equity Partners and the UK National Wealth Fund. This funding round validates Sifted's earlier report from August about the startup's intent to raise a substantial amount. Anne Sraders, a senior reporter at Sifted based in Berlin, covers the venture capital industry and deeptech startups, and also writes Sifted's weekly VC newsletter Up Round.
Sifted compiled a list of 10 drone startups to watch in 2026, including Uforce, which focuses on autonomous drones for land, air, and sea applications. French drone manufacturer Harmattan AI recently raised $200 million in Series B funding, giving it a valuation of $1.4 billion, with backing from German VC firm Atlantic Labs.
Written by urgent.news from Sifted's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.