Veytics Intelligence
2026-11-12 · CNBC

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

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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.

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