TEKEVER Raises $500 Million at a $1.25 Billion Valuation 

TEKEVER is a defense technology company that provides surveillance-as-a-service solutions, delivering real-time, actionable data and intelligence. Its product lineup includes three mission-specific unmanned aerial systems: the AR3, designed for long-range operations with optional vertical takeoff and landing; the AR4, optimized for close-range ISR missions; and the AR5, built for maritime surveillance with satellite communications and radar payloads. These systems are tailored to perform in complex environments, supporting critical defense and civil operations. By equipping organizations with faster, smarter insights, TEKEVER enhances decision-making and operational effectiveness across land and sea.

TEKEVER has raised approximately $500 million in funding, bringing its valuation to $1.25 billion and placing it among the ranks of unicorns. The round was led by Ventura Capital, with participation from Baillie Gifford, the NATO Innovation Fund (NIF), Iberis Capital, and Crescent Cove.

TEKEVER, headquartered in Lisboa, Portugal, was founded in 2001 by Nuno Cunha, Pedro Sinogas, and Victor Cristina. The company operates across defense, maritime security, civil protection, and environmental monitoring markets, serving government and commercial clients primarily in Europe and the United States.

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