UFORCE Raises $700 Million at $6 Billion Valuation for Autonomous Defence Systems

Nov 12, 2026
UFORCE raised a $700 million Series A round to expand production of its autonomous defence systems in Ukraine and allied countries.

London-based defence technology company UFORCE has raised a $700 million Series A at a $6 billion valuation, the company said in a press release. Valor Equity Partners and the UK's National Wealth Fund co-led the round, with the U.S.-Ukraine Reconstruction Investment Fund, Menlo Ventures and existing backers including Shield Capital, Ballistic Ventures and Lakestar taking part.

Founded in Ukraine, UFORCE builds uncrewed sea, land and air platforms, including MAGURA naval drones and NEMESIS strike drones, and the AI software and command-and-control layer that runs them. It raised $50 million at about a $1 billion valuation in March, CNBC reports. Chief executive Oleg Rogynskyy told CNBC that bookings have more than doubled over the past year from a base of several hundred million dollars.

The company says the money will fund continuous manufacturing in Ukraine and allied nations. It claims its NEMESIS drones have completed more than 300,000 combat flights and its MAGURA vessels have helped destroy more than a dozen Russian warships. Rogynskyy told CNBC that Ukrainian needs come first. Former NATO commander Gen. (Ret.) Christopher Cavoli, now a partner at Valor, joins the board.

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