German defence startup Helsing raises $693 million in a funding round led by Daniel Ek to enhance AI software and produce drones and aircraft.
German defence startup Helsing raises $693 million in a funding round led by Daniel Ek to enhance AI software and produce drones and aircraft.
06/17/25, 9:30 AM
Location
munichMoney raised
$693 million
Industry
software
artificial intelligence
Investors
Saab, General Catalyst, Plural, Accel, Lightspeed Ventures, Shakil Khan, Daniel Ek
Helsing has raised 600 million euros ($693.30 million) in its latest investment round, led by Spotify founder Daniel Ek. This funding has elevated Helsing's valuation to $12 billion, placing it among Europe's top five private tech companies. The firm, based in Munich, specializes in AI software and aims to expand into manufacturing drones and submarines. The investment round saw involvement from several notable investors, including Prima Materia, Lightspeed Ventures, and Accel.
Company Info
Location
munich, bavaria, germany
Additional Info
Helsing was founded to provide Artificial Intelligence to protect our democracies. Helsing works with partners in governments and across industry. Together, we develop systems that leverage AI and autonomy to provide autonomous mass that is sovereign, scalable and affordable.