RoboticsThe Recursiveabout 1 hour ago
UFORCE Raises €630 Million for Sea Drones
3 min read
Ukrainian startup UFORCE raised €630 million ($700 million) to develop its MAGURA sea drones. The round was co-led by Valor Equity Partners and the UK National Wealth Fund, with new investors including the US, Ukraine Reconstruction Investment Fund, Menlo Ventures, Xantium, and Hiro Capital. Existing backers increased stakes while the company expands its maritime defense capabilities.
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