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UVision aims to raise between $500 million and $600 million for its planned IPO, led by JPMorgan. The offering has been postponed, but the company is exploring funding options from foreign investors amid market challenges.
Amount Raised
$500 Million
Round Type
Venture
Description
UVision, a loitering-munition maker, is working to raise $500 million to $600 million in new capital as it prepares for its IPO. The offering has faced delays due to declining market conditions for publicly traded Israeli defense companies. The proceeds will be used primarily for product development and production expansion. With its current valuation targets, UVision is considering alternative financing options, including foreign investors.
Fundz sees it the moment Uvision raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Uvision raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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