Danish EIFO is investing nearly DKK 100 million in European TEKEVER as part of a DKK 3.7 billion capital raise.
The financing round values the company at approximately DKK 42.5 billion.
TEKEVER, which develops AI-based autonomous drone systems, is also establishing its first operational business in the Nordic region, in Odense, Denmark.
The company’s drones have completed more than 50,000 operational flight hours in Ukraine.