UFORCE raises $700M Series A at $6B valuation for autonomous defense systems
UFORCE, a defence technology company founded in Ukraine and now based in London, said on November 12, 2026 that it raised $700 million in a Series A at a $6 billion valuation, according to its PR Newswire release. Valor Equity Partners and the UK National Wealth Fund co-led the round. The US-Ukraine Reconstruction Investment Fund joined, and its portion is directed to staffing, research and new product development in Ukraine. Menlo Ventures, Xantium and Hiro Capital also invested, while existing backers Shield Capital, Ballistic Ventures, Lakestar and Squadra added to their stakes.
The company builds uncrewed surface vessels, aerial drones, ground vehicles and counter-drone turrets, including the MAGURA, NEMESIS, LIUT and PREDATOR lines. Per the release, the money will fund more output, more research and new production in the United States, Europe, Asia-Pacific and the Middle East, partly by converting maritime and automotive plants. Bloomberg puts the National Wealth Fund's share at $150 million. Retired General Christopher Cavoli, a former NATO Supreme Allied Commander Europe and a Valor partner, is joining the board.
The valuation is roughly six times the figure from March, when a $50 million seed round valued the company above $1 billion. Chief executive Oleg Rogynskyy told CNBC that the company turned down higher offers to bring in these investors. InVenture notes that UFORCE has not said whether the $6 billion is pre-money or post-money, while Archyde describes it as post-money.
Why it matters
For founders building perception, planning or fleet-control software, defence budgets now reach into hardware programmes that were once closed to software vendors. UFORCE sells its platforms alongside an AI software, orchestration and command-and-control layer, so autonomy code can ship inside a funded vehicle or turret. Teams with open interfaces, integration skills and field-tested performance data may find buyers sooner than they expected.
For investors, the round shows sovereign and development money from the UK and a US-Ukraine fund sitting alongside venture firms in a company that is still scaling. Operators should weigh that this capital has arrived before procurement timelines, export licences and combat testing have eased. The claim that the valuation is modest against bookings and revenue comes from management and has not been independently checked.
Key points
- 1Valor Equity Partners and the UK National Wealth Fund co-led the Series A round.
- 2Bloomberg reports the National Wealth Fund's share at $150 million within the $700 million total.
- 3The company raised a $50 million seed round in March 2026 at a valuation above $1 billion.
- 4Chief executive Oleg Rogynskyy told CNBC the company declined higher-valuation offers to secure these investors.
- 5Retired General Christopher Cavoli, a former NATO Supreme Allied Commander Europe, is joining the board.
