UK drone maker founded by Ukrainians hits £4.5bn value after raising £500m
Britain’s national wealth fund invests £113m in UForce, whose equipment has been used heavily in war with Russia A London-based naval drone maker founded by Ukrainians has reached a £4.5bn valuation after it raised more than £500m from investors including the UK government.
The investment makes UForce one of the UK’s fastest-growing unicorns – or startups with a valuation of more than $1bn.
UForce, which makes military drones for land, air and sea, received £113m from the UK’s national wealth fund.
How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →
Advertisement
Every article behind this summary — 1 article from 1 outlet
Get stories like this in your inbox.
Subscribe — it's freeOne free email at 6am — your topics, deduplicated, five minutes. No account, no paywall.