# TEKEVER funding: rounds and investors

> TEKEVER has raised $654M across 2 rounds since 2024. Investors include Baillie Gifford, NATO Innovation Fund (NIF) and UC Investments.

Source: https://millionrounds.com/company/tekever (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Series D startup](https://millionrounds.com/companies)

# Who invested in *TEKEVER*

2 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Cybersecurity Defence Tech Drones

Raised 1 month ago

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Funding summary Updated 5 Nov 2026

**$654M** raised across 2 rounds since 2024, from 4 sources

**$74M** Series B **$580M** Series D

- **Latest round:** Series D, $580M Sept 2026
- **Led by:** Baillie Gifford and UC Investments
- **Step-up i:** 7.8×
- **Investors:** 11 (3 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$74M** Series B

**$580M** Series D

- **First round:** Series B, $74M
- **Biggest round:** $580M
- **Between rounds:** 22 months

## The rounds

- **Sept 2026** Series D **$580M** *5 new* *1 returning* [Baillie Gifford](https://millionrounds.com/fund/baillie-gifford) Lead [UC Investments](https://millionrounds.com/fund/uc-investments) Lead [Iberis Capital](https://millionrounds.com/fund/iberis-capital) [Crescent Cove](https://millionrounds.com/fund/crescent-cove) [Ventura Capital](https://millionrounds.com/fund/ventura-capital) [Merlyn Advisors](https://millionrounds.com/fund/merlyn-advisors) Reported by TechStartups and 1 other
- **Nov 2024** Series B **$74M** *6 new* [Baillie Gifford](https://millionrounds.com/fund/baillie-gifford) Lead [NATO Innovation Fund (NIF)](https://millionrounds.com/fund/nato-innovation-fund) Lead [National Security Strategic Investment Fund (NSSIF)](https://millionrounds.com/fund/national-security-strategic-investment-fund-nssif) [UK's National Security Strategic Investment Fund](https://millionrounds.com/fund/uk-s-national-security-strategic-investment-fund) [Cedrus Capital](https://millionrounds.com/fund/cedrus-capital) [Iberis Semper](https://millionrounds.com/fund/iberis-semper) Reported by TechCrunch and 1 other

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2024 **Series D** 2026 [Baillie Gifford](https://millionrounds.com/fund/baillie-gifford) L L [NATO Innovation Fund (NIF)](https://millionrounds.com/fund/nato-innovation-fund) L [UC Investments](https://millionrounds.com/fund/uc-investments) L [Iberis Capital](https://millionrounds.com/fund/iberis-capital) [National Security Strategic Investment Fund (NSSIF)](https://millionrounds.com/fund/national-security-strategic-investment-fund-nssif) [Crescent Cove](https://millionrounds.com/fund/crescent-cove) [Ventura Capital](https://millionrounds.com/fund/ventura-capital) [UK's National Security Strategic Investment Fund](https://millionrounds.com/fund/uk-s-national-security-strategic-investment-fund) [Cedrus Capital](https://millionrounds.com/fund/cedrus-capital) [Iberis Semper](https://millionrounds.com/fund/iberis-semper)

## Everyone who backed them

[Baillie Gifford](https://millionrounds.com/fund/baillie-gifford) Asset manager **2** rounds, led 2

[NATO Innovation Fund (NIF)](https://millionrounds.com/fund/nato-innovation-fund) VC firm **1** round, led 1

[UC Investments](https://millionrounds.com/fund/uc-investments) VC firm **1** round, led 1

[Iberis Capital](https://millionrounds.com/fund/iberis-capital) VC firm **1** round

[National Security Strategic Investment Fund (NSSIF)](https://millionrounds.com/fund/national-security-strategic-investment-fund-nssif) Corporate VC **1** round

[Crescent Cove](https://millionrounds.com/fund/crescent-cove) VC firm **1** round

[Ventura Capital](https://millionrounds.com/fund/ventura-capital) Growth equity **1** round

[UK's National Security Strategic Investment Fund](https://millionrounds.com/fund/uk-s-national-security-strategic-investment-fund) Growth equity **1** round

[Cedrus Capital](https://millionrounds.com/fund/cedrus-capital) Private equity **1** round

[Iberis Semper](https://millionrounds.com/fund/iberis-semper) Growth equity **1** round

[Merlyn Advisors](https://millionrounds.com/fund/merlyn-advisors) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=tekever).

## Also claim to have backed them

This firm lists TEKEVER as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Resnova Capital](https://millionrounds.com/fund/resnova-capital) Family office Per its own site

## Quick answers about TEKEVER

### Who invested in TEKEVER?

TEKEVER's investors include Baillie Gifford, NATO Innovation Fund (NIF), UC Investments, Iberis Capital and National Security Strategic Investment Fund (NSSIF), and 6 more on record. Baillie Gifford led its latest round.

### How much has TEKEVER raised?

TEKEVER has raised $654M across 2 rounds since 2024.

### When did TEKEVER last raise?

TEKEVER's most recent round was a Series D of $580M in Sept 2026, led by Baillie Gifford.

### What was TEKEVER's biggest round?

Its most recent round, $580M in Sept 2026, is also its largest on record.

### Who backed TEKEVER first?

TEKEVER's first round on record, in Nov 2024, was backed by Baillie Gifford, NATO Innovation Fund (NIF) and National Security Strategic Investment Fund (NSSIF) and 3 others.

### What stage is TEKEVER at?

TEKEVER's latest named round is a Series D, in Sept 2026.

### Where is TEKEVER based?

TEKEVER is based in the United Kingdom.

### Who led TEKEVER's rounds?

Baillie Gifford led the Series B in 2024.

## Companies like TEKEVER

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