UFORCE Raises $700M Series A for Autonomous Uncrewed Defense Systems
$700M at a $6B valuation, and it is called a Series A. UFORCE, founded in Ukraine and headquartered in London, announced the round on Thursday. It is co-led by Valor Equity Partners and the UK National Wealth Fund, with the U.S.-Ukraine Reconstruction Investment Fund, Menlo Ventures, Xantium and Hiro Capital joining, plus existing backers Shield Capital, Ballistic Ventures, Lakestar and Squadra. Release: https://www.prnewswire.com/news-releases/uforce-raises-700m-at-6-billion-valuation-from-leading-tech-and-sovereign-wealth-funds-to-scale-combat-proven-defence-systems-for-ukraine-and-allied-nations-302937140.html
The company builds uncrewed systems for sea, land and air: the MAGURA surface vessels, the NEMESIS drone, the LIUT ground vehicle and the PREDATOR turret, tied together by an AI command and control layer. Its stated goal is to make defence a hundred times cheaper than offensive operations.
The money goes to distributed production across the US, Europe, Asia-Pacific and the Middle East, including a partnership with ReconCraft to build MAGURA vessels in the US. Axios reports fundraising began in June and that CEO Oleg Rogynskyy does not see Anduril as a competitor.
The signal for the rest of the AI world: a sovereign wealth fund co-leading at a Series A means governments now treat autonomy software plus cheap hardware as strategic infrastructure, priced like it. The orchestration layer, many cheap units directed by one software stack, is the same pattern showing up in coding agents, just with far higher stakes.
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The company builds uncrewed systems for sea, land and air: the MAGURA surface vessels, the NEMESIS drone, the LIUT ground vehicle and the PREDATOR turret, tied together by an AI command and control layer. Its stated goal is to make defence a hundred times cheaper than offensive operations.
The money goes to distributed production across the US, Europe, Asia-Pacific and the Middle East, including a partnership with ReconCraft to build MAGURA vessels in the US. Axios reports fundraising began in June and that CEO Oleg Rogynskyy does not see Anduril as a competitor.
The signal for the rest of the AI world: a sovereign wealth fund co-leading at a Series A means governments now treat autonomy software plus cheap hardware as strategic infrastructure, priced like it. The orchestration layer, many cheap units directed by one software stack, is the same pattern showing up in coding agents, just with far higher stakes.
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