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Tekever Secures $580M for Autonomous Defence Tech
23 Sep
Summary
- Tekever raised $580 million in a Series D funding round.
- The company was valued at $6.4 billion after the funding.
- Funds will boost international expansion and AI capabilities.
Tekever, a European developer of autonomous systems, announced the first close of its Series D funding round, raising $580 million. The investment, spearheaded by UC Investments and Baillie Gifford, places the defence technology company's valuation at $6.4 billion as of September 23, 2026. This capital injection is earmarked for global expansion, enhancing manufacturing and technological infrastructure, and advancing AI-driven autonomous systems.
Founded in Portugal in 2001 and now headquartered in Britain, Tekever benefits from increased defence spending by European nations. The company has converted its operational experience in Ukraine into long-term military programs, notably being selected for the British Army's CORVUS drone surveillance program. This follows extensive flight hours in Ukraine since 2022.
Tekever emphasizes its software-centric model and ability to rapidly deploy advanced capabilities. It positions itself as a comprehensive provider of autonomous surveillance solutions, integrating aerial platforms with sophisticated software and intelligence services.
