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2026-11-12T10:18:58.291Z

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Uforce secures $700m

Uforce secures $700m

Ukrainian defense technology company Uforce has raised $700 million in a funding round that valued it at around $6 billion, to expand production of its autonomous systems. The company will use the funding to scale up manufacturing in Ukraine and allied countries, including the United States and countries across Europe, the Asia-Pacific and the Middle East, while prioritizing the needs of the Ukrainian military. It said its Nemesis drones had carried out more than 300,000 combat sorties, and its Magura vessels had helped destroy more than 12 Russian warships.

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