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Ukrainian defence tech startup UForce raises $700 million at $6 billion valuation
Ukrainian defence technology company UForce has raised $700 million in a Series A round, valuing it at $6 billion. The round was led by the UK’s National Wealth Fund and Valor Equity Partners, with participation from the US-Ukrainian URIF, existing investors and new technology investors. UForce plans to use the funding to expand manufacturing capacity, develop new technologies and scale unmanned systems.