Veytics Intelligence
2026-11-12 · CNBC

Ukrainian defense tech startup hits $6 billion valuation as investors bet on battle-tested drones

Ukrainian defense technology company UFORCE has raised $700 million in a funding round valuing it at $6 billion, as investor interest grows in autonomous weapons systems tested on the battlefield in Ukraine. UFORCE , which develops unmanned aerial, maritime, and land systems as well as AI software used to coordinate them, raised $50 million at a valuation of around $1 billion in March. The Series A round was co-led by Valor Equity Partners and the U.K.'s National Wealth Fund, with participation from investors across Silicon Valley, Europe and Asia, the company announced Thursday.

Read the full Veytics brief

We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.