Browsing: 700M

Uforce, a drone maker originally assembled from Ukrainian firms, secured $700 million in new capital with the UK’s National Wealth Fund stepping up as a co-lead and contributing $150 million. That check is the wealth fund’s largest in defense so far and helps pin the company’s value at $6 billion, the top mark among UK…

This week, we tracked more than 60 tech funding deals worth over €2.3 billion and over 10 exits, M&A transactions, rumours, and related news stories across Europe. Cate Lawrence19 minutes ago

Nov 12 (Reuters) – Ukrainian-founded drone-maker UForce said on Thursday it had raised $700 million at a $6 billion valuation, as it looks to expand production of autonomous sea, land and air systems for Ukraine and allied countries.