TEKEVER Opens in Odense as Denmark's EIFO Joins $580M Series D
Defencetech TEKEVER will set up its first Nordic operational presence in Odense, while Denmark's EIFO joins the closing of its $580 million Series D round.
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At the same time, EIFO, the Export and Investment Fund of Denmark, has committed to joining the closing of TEKEVER's $580 million Series D round. The round was first announced on 23 September 2026 at a valuation of $6.4 billion.
Why Odense
TEKEVER develops AI-centric autonomous systems for defence, security and civil use. It chose Odense for its established drone and robotics ecosystem, which includes Odense Robotics, UAS Denmark's International Test Centre, and the University of Southern Denmark's SDU Drone Centre and Flight Lab. These give access to testing and research capabilities, specialist firms and talent.
The company is progressing the creation of a Danish entity and arrangements for local operations. It says it will build its presence in phases, in response to demand and approvals. It also cites support from Odense Municipality and progress with local partners as concrete steps.
Offshore infrastructure and wider network
TEKEVER already works with Danish partners and sees opportunities across defence, security and technology. It also plans to explore with Danish stakeholders how its dual-use systems could help monitor critical offshore energy infrastructure. Over time, the company says it aims to contribute to Danish sovereign industrial and technological capabilities and to the wider Nordic region.
EIFO said its investment supports TEKEVER's growth while bringing a leading European defence company closer to Denmark, with potential for more collaboration, technology development and greater Danish industrial participation in European defence.
The Danish site joins a European network spanning Portugal, the UK, France, Germany and Estonia, following the recent launch of a German hub in Munich. The Series D financing will fund the next phase of growth, including deeper international expansion, broader industrial and technological capabilities, and strategic acquisitions.
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