Tekever Series D (2026)
Tekever raised $580 million (first close) in a Series D round, announced on 2026-09-23. The round was co-led by UC Investments and Baillie Gifford.
- Company
- Tekever
- Round type
- Series D
- Date
- 2026-09-23
- Amount
- $580M
- Industry
- defence and aerospace, AI-powered autonomous systems
- Location
- Lisbon, Portugal
Summary
TEKEVER announced the first close of its $580 million Series D on 2026-09-23, valuing the company at $6.4 billion. UC Investments and Baillie Gifford led the round. Merlyn Advisors joined as a new strategic investor, alongside existing shareholders Crescent Cove, Ventura Capital and Iberis Capital. The company expects further closings in the following months.
Investors
Lead
- UC Investments lead
- Baillie Gifford lead
Participating
- Merlyn Advisors participant
- Crescent Cove participant
- Ventura Capital participant
- Iberis Capital participant
Sources
Last verified:
- https://www.tekever.com/news/tekever-raises-us580-million-reaching-us6-4-billion-valuation-in-series-d-round-led-by-uc-investments-and-baillie-gifford/
Type: company announcement. Accessed 2026-10-06.
TEKEVER press release datelined London, 23 September 2026. Announces the first close of a US$580 million Series D at a US$6.4 billion valuation, led by UC Investments and Baillie Gifford, with Merlyn Advisors, Crescent Cove, Ventura Capital and Iberis Capital. - https://tech.eu/2026/09/23/tekever-raises-580m-series-d-at-6-4b-valuation/
Type: reputable publication. Accessed 2026-10-06.
Tech.eu article dated 2026-09-23. Confirms the round and investors and describes TEKEVER as a Portuguese-founded defence and aerospace company. - https://www.finsmes.com/2026/09/tekever-raises-580m-in-series-d-funding.html
Type: reputable publication. Accessed 2026-10-06.
FinSMEs article dated 2026-09-23. Source of the Lisbon, Portugal location. Confirms the amount, stage, leads, participants and valuation.