HedgeCo.Net — London-based defense-technology consolidator UForce is in discussions to raise about $500 million at a valuation of roughly $5 billion, according to people familiar with the matter cited by Bloomberg on September 7. Valor Equity Partners, the venture firm run by SpaceX board member Antonio Gracias, is expected to lead, those people said. Bloomberg stressed the round is not closed and details could change. Briefs.co independently printed the same ~$500 million raise / ~$5 billion valuation framing and the same Valor-led talks language, noting UForce declined to comment and a request to Valor went unanswered.
UForce unifies Ukrainian developers of unmanned aerial, maritime, and ground systems—including platforms such as Magura uncrewed surface vessels and Nemesis strike UAVs—under a Western-capitalized operating company aimed at NATO and allied customers. In March 2026 the company raised $50 million at a valuation above $1 billion with Shield Capital and Lakestar among the leads, according to contemporaneous coverage summarized alongside the new talks.
This is an in-process financing discussion, not a closed round. Mark ~$500 million sought, ~$5 billion reported valuation, and Valor as the expected lead as soft tape from unnamed sources. Do not invent term-sheet economics, a locked close date, or NATO contract backlog figures. The allocator object is defense-tech venture capital chasing combat-proven autonomy at a step-change multiple from the March 2026 unicorn print.