US Edition22 Articles
22 Articles
The German AI and armaments startup Helsing has collected 600 million euros from donors.
Munich startup collects 600 million euros and promises ethics at Killen. Spotify founders also invest in the war business.
The states of Europe want to strengthen their armed forces and spend enormous sums on weapons. One of the profiteers is the Munich start-up Helsing. Investors are in line.
The Munich company is now one of the highest-value startups in Europe. It combines drones and IA and its boom in recent years reflects the need of the continent ...
German defence start-up Helsing raises 600 million euros in latest investment round
BERLIN (Reuters) -German defence start-up Helsing has raised 600 million euros ($693.30 million) in its latest investment round, lead by Spotify founder Daniel Ek, the firm said on Tuesday. The latest investment round has raised Helsing’s value to $12 billion, the Financial Times reported on Tuesday, citing people familiar with the matter. This positions the start-up among the top five private tech companies in Europe, the FT added. The investme…
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