Tekever raised $580 million at a $6.4 billion valuation. It builds AI-powered surveillance drones. Its systems have logged over 50,000 flight hours in Ukraine since 2022. The UK Ministry of Defence selected Tekever for a £400 million program. University of California Investments and Baillie Gifford led the round. Funds will expand industrial and technological capabilities. Tekever plans strategic acquisitions. Europe’s defense-tech startups are raising larger rounds amid rearmament.
What it unlocks
Scaling AI-powered drone production and international expansion for Tekever.
- $6.4 billion valuation
- $580 million raised
- 50,000 flight hours in Ukraine
- £400 million UK MoD contract
Sources