AI drone maker Tekever raises $580M Series D at $6.4B, led by UC Investments and Baillie Gifford
CNBC (corroborated by Tech.eu and Reuters via TradingView)·medium signal
Portuguese-British Tekever closed the first tranche of a $580M Series D at a $6.4B valuation. Its AI surveillance drones have logged more than 50,000 operational flight hours in Ukraine since 2022, and the UK Ministry of Defence recently picked it for the CORVUS programme, worth up to £400M over ten years. The company says it will use the money for acquisitions and more industrial capacity, another sign that battlefield-proven autonomy is now pricing like frontier software.