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TEKEVER

Defense · Lisbon, Portugal · Founded 2001 · Privately Held (backing)

Developer of AI-centric unmanned aerial systems designed to deliver real-time, actionable intelligence across ultra-wide areas for mission-critical operations. TEKEVER is based in Lisbon, Portugal and was founded in 2001. It was valued at $1.3 billion at its later-stage round in May 2025, the last priced event on record. It has raised $632 million across 2 recorded rounds; the latest was a $74 million Series B in Nov 2024.

PMV mark · valuation
$1.3B
Oct 2026
Priced at
its later-stage round
May 2025
Total raised
$631.5M
Last round
Series B
Nov 2024

TEKEVER key facts

as of Oct 2026
  • Developer of AI-centric unmanned aerial systems designed to deliver real-time, actionable intelligence across ultra-wide areas for mission-critical operations.
  • TEKEVER is valued at approximately $1.3B as of Oct 2026, set at its later-stage round, May 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $631.5M across 2 recorded rounds; the latest was Series B ($74.0M) in Nov 2024.
  • Notable investors include Baillie Gifford, Iberis Capital, NATO Innovation Fund, National Security Strategic Investment Fund, Crescent Cove Advisors — 9 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$1.3B

Valued at $1.3B at its later-stage round, May 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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TEKEVER funding rounds

2 rounds
Nov 2024Series B$74.0M▮
Jan 2022Series A$23.0M▮
Full funding history →

TEKEVER leadership

TEKEVER valuation

TEKEVER was valued at $1.3 billion at its later-stage round in May 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has TEKEVER raised?

TEKEVER has raised $632 million in total; 2 of its rounds are on record. The largest on record was a $74 million Series B in Nov 2024.

TEKEVER investors

9 investors are on record for TEKEVER, including Baillie Gifford, Iberis Capital, NATO Innovation Fund and National Security Strategic Investment Fund.

Who runs TEKEVER

1 person is listed on the TEKEVER team: 1 executive, including Ricardo Mendes (CEO).

Comparable companies

Comparable defense names by valuation on PrivateMarketView: Helsing ($18 billion), Quantum Systems ($8 billion) and Performance Drone Works ($730 million).

About TEKEVER

Developer of AI-centric unmanned aerial systems designed to deliver real-time, actionable intelligence across ultra-wide areas for mission-critical operations. The company offers battle-proven aerial platforms, beyond radio line-of-sight operations with satellite communications, maritime radar payload integration, and AI-powered onboard and ground data processing, enabling defense forces and government agencies to conduct surveillance and decision-making with timely, precise situational awareness.

Industry
Defense
Sector
Business Products and Services (B2B)
HQ
Lisbon, Portugal
Founded
2001
Employees
1,300
Ownership
Privately Held (backing)

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