London-based defence startup Uforce is in talks to raise fresh funding that could value the company at over $4 billion, less than six months after it reached unicorn status with a $1 billion valuation. The company builds autonomous drones for land, air, and sea applications, and the new round aims to significantly boost its capital base, according to sifted.eu.
Uforce’s upcoming fundraise follows a $50 million round earlier this year that propelled it to a $1 billion valuation. The talks for the new round are ongoing, with the startup seeking to capitalize on growing demand for autonomous defence technologies. The company’s leadership includes CEO Mark Johnson and CTO Emily Carter, who have been driving rapid product development and market expansion.
The drone sector has seen increased investor interest amid rising defence budgets and technological advancements. Comparable startups in autonomous systems have also secured large funding rounds recently, reflecting a broader trend in defence tech investment. Uforce’s focus on multi-domain drones positions it well within this competitive landscape, aiming to meet diverse military and security needs.
The new funding round is expected to close by the end of the third quarter of 2026, with Uforce planning to use the capital to accelerate R&D and scale production. The company’s previous $50 million raise was announced in March 2026, marking a key milestone in its growth trajectory, according to sifted.eu.