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Tekever raises $580M Series D, hits $6.4B valuation after UK drone deal

Tekever closes first tranche of $580M round at $6.4B valuation

2 Today 6:12 AM · 17h ago · 4 articles · 3 posts · 2 sources · development 2 of 2

Tekever announced the first close of its $580 million Series D financing, led by UC Investments (its first direct European investment) and Baillie Gifford, with Merlyn Advisors joining as a new strategic investor alongside existing backers Crescent Cove, Ventura Capital and Iberis Capital.

Tekever closes first tranche of $580M round at $6.4B valuation
tech.eu

“This investment gives us the resources to move faster, scale further and continue building a global technology leader from Europe.”

Ricardo Mendes

Ricardo Mendes Founder and CEO of TekeverJagdeep Singh Bachher Chief investment officer, University of California (UC Investments)UC Investments Lead investor in the Series D roundUK Ministry of Defence Customer awarding the CORVUS contract

The whole story articlesposts the bright band is this development · numbered dots are the others · click one to jump

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1Tekever says it will pursue acquisitions…2Tekever closes first tranche of $580M…
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Reported in the same hours no headline names this development itself — these 5 claims were published in its stretch

  1. 3 outlets Tekever Raises $580 Million To Build More AI Drones For Defense

    first by Ventureburn, 16h ago · also Reuters, Quartz

    2 more headlines
  2. 3 outlets Tekever nearly quintuples valuation to $6.4B with $580M round, fresh off £400M UK drone deal

    first by Tech Funding News, 16h ago · also Resilience Media, Bloomberg

    2 more headlines
  3. 1 outlet Tekever Hits $6.4 Billion as University of California Backs AI Drones

    first by DroneXL, 16h ago

  4. 1 outlet Drone specialist Tekever's valuation soars fivefold to $6.4bn

    first by Financial Times, 16h ago

  5. 1 outlet AI drone maker hits $6.4 billion valuation as Ukraine war spurs defense tech

    first by CNBC, 16h ago

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