Series D · Robotics
TEKEVER closes $580m first tranche of Series D
UC Investments and Baillie Gifford led the first close at a reported $6.4bn valuation for the autonomous-systems company.
TEKEVER raised $580 million in the first close of its Series D, led by UC Investments and Baillie Gifford. Merlyn Advisors, Crescent Cove, Ventura Capital and Iberis Capital participated; the reported valuation is $6.4 billion.
The company plans to expand its AI-powered autonomous systems. Its aircraft and mission systems serve public agencies and defence operators in maritime patrol, search and rescue, border surveillance and other monitoring missions.
Use of funds
Expand AI-powered autonomous systems and continue the company’s growth
Funding history
Series D · This round$580M