Uforce raises $700m Series A at reported $6bn valuation
London-based defence-tech company Uforce raised a $700 million Series A co-led by Valor Equity Partners and the UK National Wealth Fund.
By Dominic Okoye · Staff Writer
· 3 min read
Uforce has raised a $700 million Series A at a reported $6 billion valuation, bringing the UK National Wealth Fund in as a co-lead alongside Valor Equity Partners. The Uforce raises $700m financing is a large early-stage round for a London-based defence-technology company with Ukrainian roots that builds autonomous systems for air, land and sea.
Bloomberg reported that the National Wealth Fund invested $150 million in the round. It described the investment as the fund's largest in defence and reported that the deal made Uforce the UK's most valuable defence startup, both characterizations that have not been independently verified here.
Who invested in Uforce's $700m Series A?
Valor Equity Partners and the National Wealth Fund co-led the financing, according to Sifted and Vestbee. The US-Ukraine Reconstruction Investment Fund also participated, Vestbee reported.
Menlo Ventures, Xantium and Hiro Capital joined as new investors. Existing backers Shield Capital, Ballistic Ventures, Lakestar and Squadra increased their stakes, according to Vestbee. Tectonic Defense reported that retired General Christopher G. Cavoli, a Valor partner and former NATO Supreme Allied Commander Europe, joined Uforce's board as part of the transaction.
Uforce's formation is described differently across reports. Vestbee says it began in Ukraine in 2022, while Tectonic Defense describes a UK company established in 2025 through the consolidation of Ukrainian capabilities and businesses. The common ground is that Uforce is now based in London and draws on Ukrainian defence technology.
What does Uforce say it will use the funding for?
Uforce develops autonomous aerial, maritime and ground systems, alongside related AI and command-and-control software. In an interview with Tectonic Defense, chief executive Oleg Rogynskyy said the company planned to expand manufacturing in Ukraine, add capacity outside the country where supply chains require it, and build research and development operations in several European countries, with a focus on the UK.
Those are company-stated plans rather than completed outcomes. Uforce has also said it intends to use the capital to expand production for Ukraine and allied markets.
The valuation represents a sharp reported increase from Uforce's prior financing. Vestbee reported that the company raised $50 million in March 2026 at a valuation above $1 billion. The new round is reported at $6 billion roughly eight months later. The available reports do not provide enough consistent information to assess the operating performance behind that valuation change.
The deal pairs a private equity firm with the UK National Wealth Fund in a company that says it will expand manufacturing and R&D. For defence-tech founders and investors, the transaction is a clear example of public and private capital appearing in the same large financing, while the company's production plans remain prospective.
This story draws on original reporting from Sifted.
