Funding rounds
Announced	Stage	Amount	Valuation	Lead investors	Other investors	Confidence
Sep 23, 2026	Series D	$580M	$6.40B?	Baillie Gifford, UC Investments	Crescent Cove Advisors	Confirmed
May 7, 2025	Undisclosed	Undisclosed	$1.32B?	Ventura Capital	Baillie Gifford, Crescent Cove Advisors, NATO Innovation Fund	Confirmed
Nov 20, 2024	Series B	$74.0M	—	Baillie Gifford, NATO Innovation Fund	Crescent Cove Advisors, National Security Strategic Investment Fund	Confirmed
Jan 24, 2022	Series A	€20.0M	—	Ventura Capital	—	Reported

Series D
Led by Baillie Gifford, UC Investments
With Crescent Cove Advisors
Valuation $6.40B?
Confirmed
$580M
Sep 23, 2026
Undisclosed
Led by Ventura Capital
With Baillie Gifford, Crescent Cove Advisors, NATO Innovation Fund
Valuation $1.32B?
Confirmed
Undisclosed
May 7, 2025
Series B
Led by Baillie Gifford, NATO Innovation Fund
With Crescent Cove Advisors, National Security Strategic Investment Fund
Confirmed
$74.0M
Nov 20, 2024
Series A
Led by Ventura Capital
€20.0M
Jan 24, 2022

Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.

Supply chain4 customers

Customers4

Customers
Customer	Supplies	Notes	Confidence
National Maritime Authority (Portugal)	—	AR3 EVO supply, training and support contract; operation by authority personnel after training.	Reported
Phoenix Heli-Flight	—	AR3 technology for Phoenix’s Canadian wildfire-detection services contract; direct government customer not inferred.	Reported
Portuguese Air Force	—	AR5 system, ground control station, ATLAS mission system and operator training contracted. Exact contract date not provided in usable article text.	Reported
UK Ministry of Defence	—	CORVUS AR5 supply contract for British Army; value up to£400m, not inferred paid or delivered.	Reported

National Maritime Authority (Portugal)
AR3 EVO supply, training and support contract; operation by authority personnel after training.
Phoenix Heli-Flight
AR3 technology for Phoenix’s Canadian wildfire-detection services contract; direct government customer not inferred.
Portuguese Air Force
AR5 system, ground control station, ATLAS mission system and operator training contracted. Exact contract date not provided in usable article text.
UK Ministry of Defence
CORVUS AR5 supply contract for British Army; value up to£400m, not inferred paid or delivered.

People1

Ricardo Mendes

Co-Founder

Founder

News7

Open in the news feed →

Sep 23, 2026NewsAI drone startup Tekever raises $580M at $6.4B valuation as Europe ramps up defense tech spendingTech Startups Sep 16, 2026CompanyTEKEVER signs up to £400 million CORVUS contract to deliver next-generation battlefield intelligence capability to the British ArmyTEKEVER Sep 14, 2026NewsDefence startup Isembard opens major London factory to scale productionAerospace Manufacturing Jul 27, 2026NewsUK selects Tekever AR5 surveillance drones to succeed Watchkeeper - Breaking Defense Jun 23, 2026CompanyTEKEVER Wins Contract to Strengthen Maritime Surveillance in PortugalTEKEVER Jun 16, 2026CompanyTEKEVER secures Canadian wildfire detection contract with Phoenix Heli-FlightTEKEVER May 15, 2026NewsUK picks 4 companies for Apache drone wingman demonstrator project - Breaking Defense

Sources17

Profile4

1
CompanyTekever
Tekever · Supports Organization · name
“Tekever”
2
DatabaseTekever — hq city
Supports Organization · country, Organization · hq city
“Location:Lisboa,Lisboa,Portugal”
3
DatabaseTekever — founded year
Supports Organization · founded year
“{"founded": 2001}”
4
CompanyTekever — official profile
Supports Organization · website
“Home 2”

Products1

5
CompanyTEKEVER AR3 Surpassed 10,000 Operational Flight Hours in Ukraine
Tekever · Supports System
“TEKEVER has announced that its AR3 drone platform has successfully completed over 10,000 operational flight hours in Ukraine”

Technologies1

6
CompanyPortfolio
NATO Innovation Fund · Supports Organization, Organization technology
“Tekever”

Funding6

7
CompanyTEKEVER raises US$580 million reaching US$6.4 billion valuation in Series D round led by UC Investments and Baillie Gifford
Tekever · Sep 23, 2026 · Supports Funding round · amount, Funding round · post money valuation usd
“TEKEVER raises US$580 million reaching US$6.4 billion valuation in Series D round led by UC Investments and Baillie Gifford”
8
CompanyTEKEVER Confirmed as Europe’s Newest Unicorn, as It Invests £400M in the UK to Drive AI-Driven Defence
Tekever · May 7, 2025 · Supports Funding round
“Fully committed by existing investors, including round leader Ventura Capital, Baillie Gifford, the NATO Innovation Fund (NIF), Iberis Capital and Crescent Cove”
9
NewsPortugal's Tekever raises $74M for dual-use drone platform deployed to Ukraine
TechCrunch · Nov 20, 2024 · Supports Funding round
“has raised €70 million ($74 million)”
10
CompanyTEKEVER Raises 70 Millions Euros and Brings Strategic Investors on Board
Tekever · Nov 20, 2024 · Supports Funding round · amount
“has raised 70 Million Euros in a funding round led by Baillie Gifford”
11
NewsTekever raises $23M for industrial drone technology optimized for maritime surveillance
TechCrunch · Jan 24, 2022 · Supports Funding round · amount
“has raised €20 million (just under $23 million at today’s rates). Ventura Capital led the round, with participation from Iberis Capital”
12
NewsTekever raises $580M at a $6.8B valuation to give flight to more drones
Resilience Media · Supports Funding round · post money valuation usd
“which was valued at just $1.32 billion after a raise in May 2025”

Supply chain4

13
CompanyTEKEVER signs up to £400 million CORVUS contract to deliver next-generation battlefield intelligence capability to the British Army
TEKEVER · Sep 16, 2026 · Supports Supply relationship
“signed a contract worth up to £400 million with the UK Ministry of Defence under Project CORVUS”
14
CompanyTEKEVER Wins Contract to Strengthen Maritime Surveillance in Portugal
TEKEVER · Jun 23, 2026 · Supports Supply relationship
“TEKEVER’s first contract with the National Maritime Authority provides for the supply of a system based on AR3 EVO platforms.”
15
CompanyTEKEVER secures Canadian wildfire detection contract with Phoenix Heli-Flight
TEKEVER · Jun 16, 2026 · Supports Supply relationship
“Phoenix Heli-Flight will use TEKEVER’s AR3 uncrewed aerial system”
16
CompanyTEKEVER signs contract with the Portuguese Air Force to supply the AR5 system
TEKEVER · Supports Supply relationship
“has signed a contract with the Portuguese Air Force”

People1

17
NewsMeet Ricardo Mendes, Co-founder & CEO at TEKEVER. - TechRound
TechRound · Supports Role
“Meet Ricardo Mendes, Co-founder & CEO at TEKEVER.”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.