🌍Tekever Hits $6.4B Valuation With $580M Round for AI Drones
TL;DR
Portuguese-British AI drone maker Tekever raised $580M at a $6.4B valuation as Europe rearms. Its autonomous surveillance drones have logged 50,000+ flight hours in Ukraine, and the cash will fund acquisitions and faster autonomy work.
Portuguese-British AI drone maker Tekever raised $580M at a $6.4B valuation as Europe rearms. Its autonomous surveillance drones have logged 50,000+ flight hours in Ukraine, and the cash will fund acquisitions and faster autonomy work.
Key Points
UC Investments and Baillie Gifford led; Merlyn Advisors and Crescent Cove joined
50,000+ operational flight hours in Ukraine since 2022
Selected in July for a UK MoD surveillance program worth up to £400M over 10 years
Follows Helsing's $1.8B and Stark's €500M defense AI rounds earlier in 2026
Why It Matters
European defense AI is now a late-stage asset class, with combat-proven autonomy data acting as the moat investors are pricing.
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