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Uforce valued at $6 billion after UK National Wealth Fund backs $700 million funding round

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The UK National Wealth Fund has made its largest defense investment as part of a $700 million financing round for Uforce, a drone startup initially formed in Ukraine. The investment backs a company now valued at $6 billion, though the fund’s individual contribution was not disclosed.

Discovered 2026-11-12T01:04:42.142509-08:00 | 2026-11-12T01:04:42.142509-08:00

Briefing

What Hype is tracking

  • The financing signals substantial investor appetite for drone companies: Uforce’s round totals $700 million and values the startup at $6 billion.
  • The UK National Wealth Fund describes this as its largest defense investment, a notable commitment of public capital to a drone company initially formed in Ukraine.

Reported By

Bloomberg
Sources Tracked
1
First Seen
2026-11-12T01:04:42.142509-08:00
Latest Update
2026-11-12T01:04:42.142509-08:00
Coverage
Defense

Sources

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