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Uforce Reportedly Seeks $5bn Valuation, Five Times March
The round has not closed, and terms could change, as Uforce’s March funding valued it at just over $1 billion.
Summary by TNW
4 Articles
4 Articles
Uforce reportedly seeks $5bn valuation, five times March
Uforce, the London-based drone company built from Ukrainian battlefield manufacturers, is in talks to raise about $500m at a valuation of around $5bn, Bloomberg reported on Monday. Valor Equity Partners, the firm run by SpaceX board member Antonio Gracias, would lead the round. Yazhou Sun and Rebecca Torrence cited people familiar with the matter who […] This story continues at The Next Web
·Amsterdam, Netherlands (Kingdom of the)
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Uforce, formed by Ukrainian military manufacturers, negotiates a round that could multiply its valuation by five in just six months and attract the investment network linked to Elon Musk.
Coverage Details
Total News Sources4
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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