Overview
- Tekever said on Sept. 23, 2026 that it completed a $580 million first close of a Series D led by UC Investments and Baillie Gifford that values the company at $6.4 billion.
- The company plans to use the cash to expand internationally, increase manufacturing and technology capacity, and pursue strategic acquisitions to industrialize its autonomous surveillance offerings.
- Tekever points to more than 50,000 operational flight hours in Ukraine since 2022 and its recent selection for the U.K. CORVUS drone surveillance programme as key proofs that attracted investor confidence.
- Investors and executives frame the raise as part of a wider shift in Europe toward building sovereign, AI‑enabled defence suppliers, following other large 2026 defence‑tech financings.
- This is a first close, so further fundraising may follow, and ramped industrial scale could speed deliveries to armed forces, reshape supply chains and add manufacturing jobs in Europe.