Skip to main content
Robotics Capital

UForce reportedly discusses financing at about $5 billion valuation

UForce, a London-based drone startup, is in discussions to raise financing at a valuation of about $5 billion, Bloomberg reported, citing people familiar with the matter. The supplied summary identifies the company as a drone startup but provides no financing amount, investor commitment or closing date.
Sources
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Infrastructure
Infrastructure

TSMC says Arizona chip plan has grown to $265 billion

TSMC says its planned Arizona investment has grown to $265 billion, covering six logic fabs, two advanced-packaging facilities and an R&D center, with additional facilities planned for 2-nanometer and more advanced technologies. ...

Infrastructure
Infrastructure

Northampton and Provident plan 54MW Dallas data center

Northampton Capital Partners and Provident Data Centers formed a joint venture to develop a 54MW data center in the North Dallas Corridor. The partners expect the facility to come online in late 2027, but did not disclose its exac...

Infrastructure
Infrastructure

India outlines $13 billion second phase for semiconductor mission

India is committing $13 billion to the second phase of its semiconductor mission, according to the report, extending an effort to build domestic chip design, manufacturing, assembly and testing capacity. The government has approv...

Policy AI
Policy AI

ARIA chair Matt Clifford to leave after taking Anthropic role

Matt Clifford said he will step down as chair of the UK's Advanced Research and Invention Agency after taking a role at Anthropic. Clifford will remain until 6 November while a replacement is sought, according to the report. ARIA...