Key Takeaways
- • Valor Equity Partners co-led a $700 million Series A funding round in UForce, a Ukraine-founded, London-headquartered defense technology company, alongside the UK National Wealth Fund.
- • The round values UForce at $6 billion, according to the primary source.
- • The U.S.-Ukraine Reconstruction Investment Fund participated in the round.
- • UForce specializes in autonomous AI-enabled systems and uncrewed vehicles.
- • Paul, Weiss advised Valor Equity Partners on the transaction, with a team led by corporate partners Rohan Dey, Krishna Veeraraghavan and Matthew Abbott.
Summary
Valor Equity Partners, a U.S.-based operational growth investment firm focused on high-growth companies, co-led a $700 million Series A investment in UForce, a defense technology company founded in Ukraine and headquartered in London. The round was co-led by the UK National Wealth Fund and included participation from the U.S.-Ukraine Reconstruction Investment Fund. The financing values UForce at $6 billion.
UForce develops autonomous AI-enabled systems and uncrewed vehicles, placing the company within the growing defense technology segment that has attracted both private capital and sovereign-linked investors. The participation of the UK National Wealth Fund and the U.S.-Ukraine Reconstruction Investment Fund signals government-affiliated backing alongside traditional growth equity.
Paul, Weiss advised Valor Equity Partners on the investment. The legal team was led by corporate partners Rohan Dey, Krishna Veeraraghavan and Matthew Abbott, with intellectual property partner John Patten, litigation partner John Carlin and counsel Joshua Thompson also contributing.
UForce develops autonomous AI-enabled systems and uncrewed vehicles, placing the company within the growing defense technology segment that has attracted both private capital and sovereign-linked investors. The participation of the UK National Wealth Fund and the U.S.-Ukraine Reconstruction Investment Fund signals government-affiliated backing alongside traditional growth equity.
Paul, Weiss advised Valor Equity Partners on the investment. The legal team was led by corporate partners Rohan Dey, Krishna Veeraraghavan and Matthew Abbott, with intellectual property partner John Patten, litigation partner John Carlin and counsel Joshua Thompson also contributing.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.