Sources: London-based UForce, which makes unmanned vehicles for air, land, and sea, is seeking about $500M led by Valor Equity at a ~$5B valuation (Bloomberg)

Why It Matters

Bloomberg : Sources: London-based UForce, which makes unmanned vehicles for air, land, and sea, is seeking about $500M led by Valor Equity at a ~$5B valuation   —  UForce, a London-based drone startup, is in discussions to raise new financing at a valuation of about $5 billion, according to people familiar with the matter.

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