UFORCE Raises $700M at $6B Valuation to Expand Autonomous Defence Systems

UFORCE, a defense technology start-up founded in Ukraine, has secured $700 million in Series A funding, valuing the company at $6 billion. The investment round was co-led by Valor Equity Partners and the UK National Wealth Fund, with additional participation from Menlo Ventures, Xantium, Hiro Capital, Shield Capital, Ballistic Ventures, Lakestar, and Squadra. Existing investors also increased their stakes in the company.

The primary objective of the funds raised is to expand UFORCE's production capabilities across the United States, Europe, Asia-Pacific, and the Middle East. The company aims to establish manufacturing facilities near key allied defense markets, enhance operations in partner countries, and facilitate the deployment of its autonomous systems worldwide.

UFORCE specializes in the development of autonomous unmanned aerial, surface, and ground platforms, as well as AI software and command and control systems. The company's MAGURA surface craft vessels, NEMESIS aerial vehicles, LIUT ground robotic systems, and PREDATOR counter-drone systems have been deployed in over 100 Ukrainian military units. UFORCE's command-and-control software enables the synchronized operation of these platforms across various domains.

The company's CEO, Oleg Rogynskyy, emphasized that the investment would not only bolster production in Ukraine but also support defense initiatives in other allied nations. UFORCE plans to collaborate with partners, such as Recon Craft, to modernize existing industrial facilities for defense manufacturing. The investment will also enable the company to contribute to the EU-Ukraine Drone Alliance and foster broader cooperation with NATO and its forces network.