Uforce Raises $700M at $6B Valuation From UK Wealth Fund and Valor for Combat-Tested AI Drones

Ukrainian-origin, London-based defense startup Uforce raised a $700M round co-led by Valor Equity Partners and the UK National Wealth Fund (which put in $150M) at a $6B valuation, up from ~$1B in March. The company makes unmanned aerial, maritime and land systems plus the AI software that coordinates them — including NEMESIS drones with 300,000+ combat flights and MAGURA naval vessels credited with destroying a dozen Russian warships. CEO Oleg Rogynskyy says bookings have more than doubled year over year.