Ukrainian Defense Startup UFORCE Reaches $6 Billion Valuation Following $700 Million Funding Round
Ukrainian defense technology firm UFORCE has secured $700 million in a new funding round, bringing its valuation to $6 billion. The Series A round was co-led by Valor Equity Partners and the U.K.'s National Wealth Fund, with additional participation from global investors across Silicon Valley, Europe, and Asia. The company specializes in autonomous unmanned aerial, maritime, and land systems, as well as AI coordination software. CEO Oleg Rogynskyy reported that bookings have more than doubled over the past year. UFORCE intends to utilize the capital to scale manufacturing operations within Ukraine and expand production facilities across the U.S., Europe, Asia-Pacific, and the Middle East. This investment reflects a broader trend in defense technology, as global militaries increasingly look toward inexpensive, battle-tested autonomous systems to challenge traditional, high-cost military hardware. UFORCE's products, including NEMESIS drones and MAGURA naval vessels, have already seen significant combat deployment.
Topics: autonomous weapons defense technology Ukraine war unmanned systems venture capital