Uforce Raises $700M Series A at $6 Billion Valuation to Scale Autonomous Defense Production

Ukraine-founded defense technology company Uforce has raised $700 million in Series A funding at a $6 billion valuation — a rare nine-figure round for a company this early in its life, and one of the largest ever in European defense tech. Valor Equity Partners and the UK National Wealth Fund co-led the round, according to Uforce.

The investor list reads like a who's-who of sovereign and venture capital in the sector. The U.S.-Ukraine Reconstruction Investment Fund participated, alongside Menlo Ventures, Xantium and Hiro Capital. Existing backers Shield Capital, Ballistic Ventures, Lakestar and Squadra increased their stakes.

For context, a $700 million Series A at a $6 billion valuation puts Uforce in territory usually reserved for late-stage breakout companies. That's roughly 12% of the company for new money at entry — a structure that signals investors expect production scale, not just prototype promise.

What does the money actually build?

Uforce plans to expand production and R&D across four product families:

• MAGURA uncrewed surface vessels
• NEMESIS aerial drones
• LIUT ground vehicles
• PREDATOR turret systems

Headquartered in London, with major operations in Kyiv and Washington, the company develops uncrewed systems for air, land and sea operations, along with AI software for coordinating and controlling them.

The funding will support manufacturing expansion across the United States, Europe, Asia-Pacific and the Middle East. Critically for Kyiv, Uforce said it will maintain production and supplies for Ukrainian forces despite continued attacks in Ukraine.

The company also anticipates working with partners in allied countries to adapt existing maritime and automotive manufacturing facilities for defense production. That's a practical shortcut — repurposed civilian lines can move faster than new-build defense plants.

Who's manufacturing alongside Uforce?

Uforce recently announced a partnership with ReconCraft to expand U.S. manufacturing of its Maritime Autonomous Guard Unmanned Robotic Apparatus (MAGURA) vessels. It also plans to build on relationships within NATO and Joint Expeditionary Force networks, and continues as a founding member of the EU-Ukraine Drone Alliance.

CEO Oleg Rogynskyy said the financing will help increase production for Ukraine while providing allied nations with autonomous systems they can deploy, integrate and maintain.

"The war in Ukraine has shown that in an increasingly volatile world, effective defense requires systems that can keep improving as threats change," Rogynskyy said. "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."

What does this change for Ukraine's defense industry?

The U.S.-Ukraine Reconstruction Investment Fund's participation carries specific weight. It will directly support Uforce's operations in Ukraine — staffing, research and development, and new products. The fund was established jointly by the United States and Ukraine to attract investment into reconstruction, economic development and strategic industries.

For practitioners, that means sovereign capital is now underwriting both battlefield supply and industrial capacity inside Ukraine itself, rather than only funding offshore production.

Uforce also announced a governance move that signals its ambitions: retired Gen. Christopher G. Cavoli, former NATO Supreme Allied Commander Europe and a partner at Valor Equity Partners, will join its board of directors. A former SACEUR on the board connects the company directly to NATO procurement and interoperability conversations.

The bet across this round is that combat-proven autonomous systems — already tested under real conditions in Ukraine — can be industrialized fast enough to arm both Kyiv and allied militaries. Whether the $6 billion valuation holds depends on Uforce converting battlefield credibility into sustained manufacturing volume.