Odense will be a pivotal base for TEKEVER’s work across the Nordic region.
COPENHAGEN, Denmark, 6 November 2026 — TEKEVER today announced plans to establish an operational presence in Odense, Denmark, its first in the Nordic region, to support its work across the region. The announcement follows a meeting in Copenhagen with Denmark’s Minister of Defence, Jeppe Bruus.
Alongside its plans to establish an operational presence in Denmark, TEKEVER will welcome EIFO, the Export and Investment Fund of Denmark, as an investor in the company. EIFO has signed a commitment to invest and will join TEKEVER’s Series D in a new closing.
TEKEVER is working with Odense Municipality, which has welcomed the plans, and has made progress on agreements with local partners and preparations for recruitment. The company is progressing the creation of a Danish entity and the arrangements for its local operations. It will develop its operational presence in phases, in response to demand and approvals.
Odense was selected for its established drone and robotics ecosystem. Local capabilities include Odense Robotics, UAS Denmark’s International Test Center, and the University of Southern Denmark’s SDU Drone Center and Flight Lab. These provide access to Danish testing and research capabilities, specialist companies and talent.
Ricardo Mendes, CEO of TEKEVER, said: “Establishing our first operational presence in Denmark gives TEKEVER a platform to work with customers and partners across the region. EIFO’s investment as part of a new closing of our Series D is an important milestone. The support of Odense Municipality and our progress with local partners are concrete steps in our Danish expansion. We will develop our operational presence in phases, in response to demand and approvals. Denmark’s strengths in drone testing, robotics and research create a strong foundation for collaboration. Over time, we aim to contribute to Danish sovereign industrial and technological capabilities and the wider Nordic region.”
TEKEVER is already working with Danish partners and sees opportunities to collaborate across defence, security and technology. The company also plans to explore with Danish stakeholders how its dual-use systems could support the monitoring of critical offshore energy infrastructure.
Peder Lundquist, CEO at EIFO added: “With this investment, EIFO is supporting TEKEVER’s continued growth while bringing a leading European defence company closer to Denmark. Building on its existing ties to the Danish ecosystem, this creates potential for increased collaboration, technology development and greater Danish industrial participation in the European defence sector.”
TEKEVER’s Danish presence forms part of a connected European network spanning Portugal, the UK, France, Germany and Estonia, following the recent launch of its German hub in Munich. TEKEVER develops and provides AI-centric autonomous systems for defence, security and civil applications.
The investment announced today forms part of TEKEVER’s US$580 million Series D financing, whose first close was announced on 23 September 2026 at a valuation of US$6.4 billion. The first close was led by UC Investments and Baillie Gifford, with Merlyn Advisors joining as a new strategic investor alongside continued investment from existing shareholders Crescent Cove, Ventura Capital and Iberis Capital. The financing will support TEKEVER’s next phase of growth, including deeper international expansion, expanded industrial and technological capabilities, and strategic acquisitions.