Defense technology company UFORCE has closed a $700 million Series A financing round at a business valuation of $6 billion. The funds raised will be used to expand production in Ukraine and partner countries, develop laser interception, anti-Shahed turrets, and scale up unmanned systems.
Defense technology company UFORCE has closed a $700 million Series A financing round at a business valuation of $6 billion. The funds raised will be used to expand production in Ukraine and partner countries, develop laser interception, anti-Shahed turrets, and scale up unmanned systems.
The details of the agreement were reported to the Military edition by the company itself.
The round was led by the UK's National Wealth Fund (NWF) and investment firm Valor Equity Partners. For NWF, this deal was a record investment in the defense technology sector. The round was also joined by the American-Ukrainian Reconstruction Investment Fund (URIF), whose funds will be used to develop production facilities directly in Ukraine. In addition, previous investors — Shield Capital, Ballistic Ventures, Lakestar and Squadra — increased their stakes, and new participants from Silicon Valley included Menlo Ventures, Xantium and Hiro Capital.
As part of the agreement, the company's founders did not sell their shares and did not receive payments or dividends - all capital will go to the development of the business and the team. UFORCE also reserved a significant share of shares for its employees as part of the stock option program.
The raised capital will allow the company to scale up production of new-generation NEMESIS-class bombers (including the smallest model in the line, the Nemesis MicroN), MAGURA family of maritime drones, and LIUT ground robotic complexes. Also, together with the PREDATOR automated turret, engineers are developing the APEX PREDATOR heavy complex to combat the Shahed and are working on laser interception technology. Detailed characteristics of the new developments are not disclosed at this time.
"In the first years of the invasion, the allies united to give Ukraine weapons. Now they are uniting to create them together with Ukraine for the common goal of making aggression unbearable for Russia," UFORCE CEO Oleg Roginsky commented on the deal.
In addition to the funding, the company has strengthened its management team: former NATO Supreme Allied Commander Europe (2022–2025), General Christopher Cavoli, who is currently a partner at Valor Equity Partners, has joined the board of directors. In parallel, the UFORCE team launched the U4Heroes fund to support the health, retraining, and employment of veterans and military personnel in the technology and defense sectors.
It was previously reported that UFORCE has begun to massively recruit Formula 1 specialists to work on unmanned systems . According to Roginsky, motorsport has given such engineers a set of skills that is well transferred to Defense Tech, as they work with composites and carbon, sensors, electric and conventional engines, and are also used to literally fighting for every extra gram of the design.
This round was the largest venture capital round in the history of Ukrainian startups. For comparison, Grammarly raised $1 billion from General Catalyst in 2025. However, this was not a classic equity investment, but rather non-dilutive financing, the return of which is tied to the company's future earnings.
Another example is GitLab, co-founded by Ukrainian Dmytro Zaporozhets. During its IPO in 2021, the company raised about $801 million, but this amount also included the sale of shares by existing shareholders. GitLab directly received about $650 million after deducting placement costs.
