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Tekever reaches first close of funding round targeting $580 million

Portuguese surveillance drone developer Tekever has reached the first close of a funding round targeting $580 million, Bloomberg reports. The company is seeking acquisitions following that close. The $580 million figure is the target for the full round, rather than an amount reported as raised in its first close.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Products

Bird.com raises $450 million in JPMorgan-led debt financing

Bird.com, a customer messaging company, raised $450 million in debt financing led by JPMorgan Chase & Co., Bloomberg reported. The company is seeking to return cash to its investors and employees. The transaction adds debt capital...

Capital Infrastructure
Capital Infrastructure

Hubble Network raises $200 million for satellite Bluetooth network

Satellite startup Hubble Network raised $200 million in a new funding round, Bloomberg reported, taking its valuation to $1.6 billion. The company is working on a network of spacecraft intended to provide global Bluetooth connecti...

Security Infrastructure
Security Infrastructure

F5 patches exploited BIG-IP APM flaw as U.S. agencies face Friday deadline

F5 has released security updates for a critical BIG-IP APM flaw that it says attackers have exploited to run code remotely. BIG-IP APM manages access to organizational networks and applications. The vulnerability affects configura...

Infrastructure AI
Infrastructure AI

German and Dutch agencies launch €40 million AI chip design challenge

Germany's SPRIND and the Netherlands' NADI have launched a joint €40 million challenge to fund European AI chip design. The agencies plan to select seven teams for an initial stage, awarding each €2.6 million, then advance three t...

Capital AI
Capital AI

German tax software startup mika raises €6 million

Berlin-based mika has raised €6 million in seed funding to expand its accounting and tax platform for small German limited companies. Smedvig Ventures led the round, with participation from Wecken & Cie., individual investors and ...