# UK National Wealth Fund backs $700 million Uforce financing

_Published Thursday, November 12, 2026 at 5:06 AM EST · Robotics, Capital · Latest · Tier 2 — Notable_

The UK National Wealth Fund invested in a $700 million financing round for drone startup Uforce, Bloomberg reported. The investment is the fund's largest in defense. Uforce was initially formed in Ukraine, and the fund participated in its financing alongside other investors.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-11-12/drone-startup-uforce-valued-at-6-billion-with-uk-wealth-fund-backing)

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Canonical: https://techandbusiness.org/newswire/N74M6SoZgBnRkfLjB44MxF
Published: 2026-11-12T10:06:15.576Z
Story chronology: 2026-11-12T08:30:00.000Z
Retrieved: 2026-11-12T13:02:25.782Z
Publisher: Tech & Business (techandbusiness.org)