UFORCE Raises $700 Million at $6 Billion Valuation for Defense Scale

UFORCE raised $700 million in Series A financing at a $6 billion valuation. The London-based developer will use the money to expand production of autonomous defense systems for Ukraine and allied governments.

Valor Equity Partners and the UK National Wealth Fund co-led the round. The U.S.-Ukraine Reconstruction Investment Fund participated, and Menlo Ventures, Xantium and Hiro Capital joined as new investors.

• Valor Equity Partners and UK National Wealth Fund — co-leads
• U.S.-Ukraine Reconstruction Investment Fund — participating investor, run through the U.S. International Development Finance Corporation
• Menlo Ventures, Xantium, Hiro Capital — new investors
• Shield Capital, Ballistic Ventures, Lakestar, Squadra — existing investors, increased commitments

The cap table mixes a UK national wealth fund and a U.S. development finance vehicle with European and American venture firms. Founded in Ukraine and headquartered in London, UFORCE maintains major hubs in Kyiv and Washington, D.C.

What does UFORCE build?

UFORCE develops uncrewed platforms for maritime, ground and aerial applications. Alongside the platforms, the company builds AI software and command-and-control systems, the layer that allied forces must integrate before unmanned fleets become usable.

• MAGURA — maritime platforms
• NEMESIS — aerial systems
• LIUT — ground vehicles
• PREDATOR — turret families

Proceeds will fund research and development plus higher production runs across those four families.

Where does the $700 million go?

The money supports manufacturing expansion across four regions: the United States, Europe, Asia-Pacific and the Middle East.

The stated plan is a distributed production network that maintains supplies to Ukraine while adding capacity closer to allied customers. That architecture hedges concentration risk: four regional plants can keep shipping when one is disrupted, and nearby output shortens the route to allied buyers.

UFORCE also intends to adapt existing maritime and automotive production facilities for defense manufacturing. The company says it aims to combine operationally tested products with production networks able to supply multiple markets and sustain deliveries despite disruptions.

The U.S.-Ukraine Reconstruction Investment Fund's money goes to Ukrainian staffing, research and new product development.

Who joins the board?

Retired Gen. Christopher G. Cavoli, former NATO Supreme Allied Commander Europe and a partner at Valor Equity Partners, will join UFORCE's board.

UFORCE recently partnered with ReconCraft to expand U.S. manufacturing of MAGURA platforms. The company participates in the EU-Ukraine Drone Alliance and works through NATO and Joint Expeditionary Force networks. In this market, a former NATO commander on the board and slots inside NATO and the Joint Expeditionary Force networks function as commercial access, not ceremony.

What do the investors say?

"The war in Ukraine has shown that in an increasingly volatile world, effective defence requires systems that can keep improving as threats change. Governments and the technology ecosystem need to come together to develop cost-effective, interoperable, and autonomous platforms that are ready to fight now, and can evolve to meet future needs. They are doing that by investing in UFORCE. This investment will help us scale production for Ukraine and bring to allies solutions they can field, integrate and sustain at the speed of modern combat. UFORCE and our investors are united in our determination to make aggression unaffordable," said Oleg Rogynskyy, CEO of UFORCE.

"Through the National Wealth Fund's support, UFORCE's expansion is bringing the production, engineering and application of combat tested autonomous systems to the UK. It will help create high-skilled jobs, strengthen domestic supply chains and reinforce the UK's position as a leading centre for innovation in technologies that are increasingly important to national security and economic resilience," said Oliver Holbourn, CEO of the UK National Wealth Fund.

Conor Coleman, Head of Investments at the U.S. International Development Finance Corporation, on behalf of the U.S.-Ukraine Reconstruction Investment Fund, called the round a milestone for Ukraine. "This deal is URIF's largest investment in the emerging technology sector to date and a significant step toward mobilizing investment that strengthens Ukraine's economic fortitude, reinforces its security, and accelerates its long-term recovery."

The announcement discloses no revenue, contract value or delivery schedule for the new plants. What it does establish is capital and channel: four regional manufacturing footprints, reconverted maritime and automotive plants, a NATO-aligned board addition and a seat inside European and Ukrainian alliance structures. Execution now separates UFORCE from the crowded field of uncrewed platform startups, and the $6 billion mark will be judged on how many MAGURA, NEMESIS, LIUT and PREDATOR units actually leave retooled production lines.