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Helsing Raises $1.2B at $18B Valuation
Description
Helsing, the AI-driven military tech startup, is set to raise $1.2 billion at an astounding $18 billion valuation, marking a significant leap for European defense tech. Backed by Spotify founder Daniel Ek, this new funding reflects growing investor confidence. Helsing leads Europes defense tech scene, surpassing others like Quantum Systems and Tekever. The surge in investment is attributed to Russias war in Ukraine, which has turned it into a live testing ground for autonomous weapons. With Dragoneer and Lightspeed among its backers, Helsings rise signifies a heating up of defense tech across the pond.
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