Portuguese defense tech unicorn Tekever is seeking to raise €500 million from international investors. According to reports from Bloomberg, the new funding round would boost the drone manufacturer’s valuation to €5.5 billion, up from €1.2 billion in 2025.
Led by CEO Ricardo Mendes, the company plans to use the capital injection to expand international operations and fund future strategic acquisitions.
Global Expansion and Defense Contracts
The funding effort follows rapid international growth across Europe, driven by rising defense investments.
- United Kingdom: A 5-year investment plan exceeding €400 million, including a new production facility in Swindon and a testing hub in Bristol.
- France: A €200 million investment alongside an operational unit in Cahors.
- Eastern Europe: Plans to open new operational offices and hubs in Ukraine and Estonia.
- Portugal Contracts: Supplying autonomous AR5 drone systems to the Portuguese Air Force, National Maritime Authority, and Armed Forces consortium.
Recent analysis on global tech news indicates that defense tech scaleups in Europe are attracting record institutional capital.
Opportunities Across the Tech Ecosystem
As defense tech scaling accelerates across Europe, explore verified technology companies building next-generation enterprise and autonomous technology solutions.
The upcoming Tekever funding round marks a significant shift in European venture capital, as raising Tekever 500 million euros highlights how defense technology scaleups are driving a massive Tekever valuation boost.
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