TEKEVER takes €13 million from EIFO and gains its first Nordic foothold
TEKEVER, the defence technology company founded in Lisbon in 2001, took €13 million from EIFO in November 2026 as part of a €520 million Series D round at a €5.7 billion valuation. The first close of the round was announced on 23 September 2026. The money from Denmark comes with the company's first operational presence in the Nordics, and chief executive Ricardo Mendes named partners in Odense.
The cheque carries its own brief. Peder Lundquist, chief executive of EIFO, described the investment as support for TEKEVER's growth and also as a way of bringing a tangible TEKEVER presence to Denmark. At €13 million inside a €520 million round, the stake is small, and the Danish address it secures appears to be the point for the investor. Capital from that chair arrives with a map attached.
Source: EU-Startups · November 6, 2026