UFORCE, a Ukrainian defense technology company, raised a $700 million Series A at a $6 billion valuation, co-led by Valor Equity Partners and the U.K.'s National Wealth Fund. CEO Oleg Rogynskyy said bookings more than doubled over the past year, from a base of several hundred million dollars, and called the valuation reasonable relative to bookings and revenue. The company plans to scale manufacturing in Ukraine and in allied markets including the United States, Europe, Asia-Pacific, and the Middle East. UFORCE says its NEMESIS drones have flown more than 300,000 combat missions, and its MAGURA naval vessels contributed to the destruction of more than a dozen Russian warships. Rogynskyy said UFORCE already works with several NATO countries and will prioritize Ukrainian military needs. An October report from Dealroom and Resilience Media found startups across NATO and allied countries raised $27.1 billion through September, nearly double the total for all of 2025. Rogynskyy expects autonomous systems to assume more roles now performed by crewed platforms, while crewed assets like the F-35 remain relevant in the near term.
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