Tekever

Portuguese Drone Maker TEKEVER Raises $580 Million in Series D, Reaches $6.4 Billion Valuation

by

Portuguese spin‑off TEKEVER, a 25‑year‑old autonomous drone specialist, secured $580 million in a Series D round led by UC Investments and Baillie Gifford, pushing its valuation to $6.4 billion. The funding will fuel international expansion, technology development and further acquisitions, reinforcing its role as Europe’s top AI‑powered defence drone provider.

Portuguese Drone Maker Tekever Demonstrates Rapid Deployment Capabilities by Retrofitting Systems for Ukraine

by

Portuguese drone manufacturer Tekever showcased its operational agility by rapidly retrofitting autonomous systems for Ukrainian forces. The company participated in eRadar conference discussing Portugal’s defense industry growth, with drones representing approximately 20% of Portuguese defense exports. Discussion focused on Portugal’s potential to become a national champion in autonomous systems software and the opportunities presented by European defense investments through initiatives like Space Shield and Drone Shield.