Backed by the British government and major Silicon Valley investors, the defense technology company is turning battlefield-tested autonomous systems into an international manufacturing business.
UFORCE has raised $700 million in a Series A co-led by Valor Equity Partners and the United Kingdom's National Wealth Fund, reaching a $6 billion valuation.
The financing includes a $150 million investment from the National Wealth Fund and participation from the U.S.–Ukraine Reconstruction Investment Fund.
Menlo Ventures, Xantium and Hiro Capital joined the round, alongside existing investors including Shield Capital, Ballistic Ventures, Lakestar and Squadra.
Founded in Ukraine and headquartered in London, UFORCE develops autonomous and remotely operated defense platforms for maritime, aerial and ground operations.
Its CEO, Oleg Rogynskyy, previously founded People.ai, an enterprise artificial intelligence company that reached a reported $1.1 billion valuation.
From Battlefield Testing to Industrial Production
UFORCE's technology has been deployed in Ukraine, where unmanned systems have become central to military operations.
Its products include the MAGURA family of uncrewed surface vessels, NEMESIS aerial platforms, LIUT ground robots and PREDATOR counter-drone systems.
The company also develops command-and-control software to coordinate its equipment.
Unlike defense technology startups whose systems are still awaiting field deployment, UFORCE is expanding a portfolio that has already operated in combat.
The company reports more than 300,000 combat flights by NEMESIS systems and says MAGURA vessels have contributed to the destruction of more than a dozen Russian warships.
These figures are company-reported operational claims.
Building a Distributed Defense Manufacturing Network
The new financing will support production expansion across Ukraine and allied countries.
UFORCE plans to increase manufacturing capacity in Europe, North America, Asia-Pacific and the Middle East, allowing regional partners to produce and maintain its systems.
It has already announced a partnership with ReconCraft to expand American production of MAGURA vessels.
The company is pursuing an approach that combines autonomous hardware, software and locally supported manufacturing.
The Business Behind the Valuation
UFORCE is entering a defense market experiencing rising demand for lower-cost autonomous systems.
The company believes rapid product development and manufacturing flexibility can offer advantages over traditional military procurement models.
However, defense contracts remain subject to procurement cycles, export restrictions and geopolitical developments.
UFORCE has not publicly disclosed audited revenue or profitability.
Its $6 billion valuation reflects investor expectations that technologies developed under wartime conditions can become a sustainable international defense business.
Sources: UFORCE announcement · Reuters.