UFORCE, a defencetech company with roots in Ukraine and its main office in London alongside significant operations in Kyiv and Washington, DC, has announced completion of a $700 million Series A round valuing the firm at $6 billion. The financing was jointly led by Valor Equity Partners and the UK National Wealth Fund, with backing from the US–Ukraine Reconstruction Investment Fund (URIF) and additional participation from prominent venture firms including Menlo Ventures, Xantium, and Hiro Capital. Earlier backers Shield Capital, Ballistic Ventures, Lakestar, and Squadra also expanded their commitments in this round.

The company develops unmanned platforms operating across maritime, terrestrial, and aerial domains, paired with artificial intelligence software, orchestration capabilities, and command-and-control infrastructure to manage these systems. UFORCE's stated mission centres on reducing defence expenditure to a fraction of offensive spending. Its portfolio encompasses the MAGURA family of uncrewed surface vessels, NEMESIS strike platforms, LIUT ground robotic systems, PREDATOR counter-unmanned aerial system turrets, and the underlying C2 software layer.

The MAGURA Unmanned Surface Vessel platform has played a role in damaging or destroying over a dozen Russian naval vessels operating in the Black Sea, while also contributing to the interception of multiple rotorcraft and fixed-wing aircraft during active combat. Ukrainian military forces have deployed MAGURA vessels as floating command centres for integrated multi-domain operations, including launches of NEMESIS unmanned aerial vehicles targeting distant objectives such as radar installations and air defence positions.

NEMESIS Class 1 heavy strike unmanned platforms, configured for both multi-purpose and single-use attack missions, rank among the most frequently deployed strike systems in Ukraine's operational theatre. The platform has accumulated more than 300,000 combat sorties and achieved adoption across more than 100 separate military units.

According to Oleg Rogynskyy, UFORCE's Chief Executive Officer, the ongoing conflict in Ukraine demonstrates the necessity for defence capabilities that continuously adapt to evolving threats in an unstable geopolitical environment.

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.

Oleg Rogynskyy, Chief Executive Officer of UFORCE

The capital infusion will enable UFORCE to establish and expand manufacturing operations across the United States, Europe, Asia-Pacific, and the Middle East, positioning production facilities in proximity to regions where deployment is anticipated. This geographic distribution of capacity aims to support allied nations in developing their own domestic manufacturing infrastructure while ensuring uninterrupted supply chains to frontline forces despite ongoing security challenges within Ukraine.

General (Retired) Christopher G. Cavoli, who previously served as NATO's Supreme Allied Commander Europe and now holds a partnership position at Valor Equity Partners, has joined UFORCE's board.

Ukraine has shown the world how quickly battlefield innovation can move when engineers work side by side with the people who rely on their systems. UFORCE turns that hard-won frontline experience into both unmanned systems and the operational know-how to use them effectively. I'm proud to join the board and look forward to supporting the team as it strengthens Ukraine's defence and that of its allies

General (Ret.) Christopher G. Cavoli, Partner at Valor Equity Partners

Oliver Holbourn, leading the UK National Wealth Fund, characterised the investment as reflecting the strengthened partnership between the United Kingdom and Ukraine.

Today's investment is a testament to the special relationship that the UK and Ukraine have fostered. With 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.

Oliver Holbourn, Chief Executive Officer of the UK National Wealth Fund

Source: Tech.eu