US EditionSpotify’s Daniel Ek leads €600mn investment in defence start-up Helsing
GERMANY, JUN 17 – The €600 million funding round led by Daniel Ek aims to boost Helsing's AI defence innovation and strengthen Europe's technological sovereignty amid rising geopolitical tensions.
- On Tuesday, Helsing, a German defence technology company, secured €600 million in a Series D funding round led by Spotify co-founder Daniel Ek.
- This funding follows Helsing’s 450 million euro Series C round last year and reflects Europe's push for technological sovereignty amid rising geopolitical tensions.
- Helsing specializes in AI software analyzing battlefield data and is expanding to produce drones, aircraft, and submarines across Europe with backing from investors like Lightspeed, Accel, Plural, General Catalyst, SAAB, BDT, and MSD Partners.
- The latest round raised Helsing’s valuation to $12 billion, with Prima Materia doubling its investment and Ek stating an urgent need for advanced technologies to ensure Europe’s strategic autonomy and security readiness.
- This investment aims to accelerate Helsing’s all-domain defence innovation and reinforce Europe’s capability to respond to evolving global conflicts like the Ukraine war and Israel-Gaza crisis.
24 Articles
24 Articles
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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.
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