IJR News — today's news from every side

IJR News — today's news from every side

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Tekever hits $6.4 billion valuation with $580 million Series D raise — 3hTekever raised $580 million in a Series D at a $6.4 billion valuation, led by UC Investments and Baillie Gifford, to fund international expansion and accelerate AI-powered autonomous defense systems. The round coinc follows Europe’s rising defense spending and Tekever’s selection for the UK CORVUS surveillance program, underscoring a growing wave of European defence-tech growth.

Tom Gallagher The UK CORVUS selection plus this funding should push Tekever to expand production of those autonomous platforms without delay.