Drone-based intelligence-as-a-service company TEKEVER raises €20 million for global expansion

TEKEVER, the leading drone-based maritime surveillance provider in Europe, has announced that it has raised €20 million to accelerate its global expansion. The round was led by Ventura Capital, a global growth fund specializing in pre-IPO technology leaders, and joined by financial investors including Iberis Capital, and strategic investors including leading Maritime Industry and Shipping OEMs. The Growth Stage acted as Placement Agent for this funding round.

Ricardo Mendes - TEKEVER CEO

“TEKEVER combines advanced Robotics, Sensing and Artificial Intelligence to offer revolutionary drone-based Intelligence-as-a-Service. Unlike traditional aerospace companies, we have a vertically integrated approach to our products, and full control over every aspect of the value chain, including aeronautical design, composite structures manufacturing, electronics design and production, and software development including deep capability in data science.

This ability allows us to create products that are radically different, to bring them to market in record time, and to rapidly evolve them to stay ahead of the curve. In addition, TEKEVER’s team of drone operators and data analysts provide customers with an end-to-end service, allowing them to focus solely on information, while relying on TEKEVER to handle the complexity of day-to-day operations,” explains Ricardo Mendes, TEKEVER CEO.

The European Maritime Safety Agency (EMSA) and the United Kingdom’s Home Office were among the first governments, major agencies and global companies to adopt TEKEVER’s revolutionary drone-based intelligence service to gather real time data across ultra-wide areas and create the intelligence needed to predict and act timely and efficiently to avoid major threats to life, the environment and the economy in maritime context, like Piracy, Drugs and Human Trafficking, Migrant Smuggling, Pollution, Illegal Fishing, and threats to Infrastructure Security.