AI drone startup Tekever raises $580M at $6.4B valuation as Europe ramps up defense tech spending

European autonomous systems startup Tekever has raised $580 million in the first close of a Series D round at a $6.4 billion valuation, giving the Portuguese-British company fresh capital as governments across Europe pour more money into drones, AI, and homegrown military technology. UC Investments and Baillie Gifford led the round, with Merlyn Advisors joining

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