European defencetech leader Helsing secures $1.8B Series E at $18B valuation
Helsing, Europe's leading defence AI company, today announces it has raised $1. 8 billion in a Series E, valuing the company at US$18 billion. New and existing investors participated in the round, inclu...
Key Takeaways
- The oversubscribed round will support the development of AI software, autonomous systems and next-generation defence platforms for European armed forces.
- New and existing investors participated in the round, including Dragoneer Investment Group, Lightspeed Venture Partners, Disruptive, Iconiq, Growth Equity at Goldman Sachs Alternatives, JPMorganChase, Canada Pension Plan Investment Board (CPP Investments), General Catalyst, Plural, and Stepstone.
Investor demand significantly exceeded the available allocation, reflecting strong and growing confidence in AI-driven and software-defined defence technology.
- Founded in 2021, the company builds software that combines data from drones, radar, satellites, cameras and other sensors into a single real-time operational picture, helping armed forces detect threats, track targets and make faster, more informed decisions.
Rather than replacing human operators, its AI is designed to support commanders by processing large volumes of battlefield data and integrating with existing military platforms from multiple manufacturers.
- This latest investment will accelerate Helsing's mission to develop and integrate entirely new AI platforms into the defence capabilities of its growing number of partner nations.
Helsing's existing investors include Prima Materia, Accel, and Greenoaks.
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Stats & Key Facts
- #Helsing, Europe's leading defence AI company, today announces it has raised $1.
- #8 billion in a Series E, valuing the company at US$18 billion.
- #8B Series E at $18B valuation The oversubscribed round will support the development of AI software, autonomous systems and next-generation defence platforms for European armed forces.
- #Cate Lawrence 1 hour ago Share Share Send email Copy link Helsing , Europe's leading defence AI company, today announces it has raised $1.
The oversubscribed round will support the development of AI software, autonomous systems and next-generation defence platforms for European armed forces. Defencetech European defencetech leader Helsing secures $1. 8B Series E at $18B valuation The oversubscribed round will support the development of AI software, autonomous systems and next-generation defence platforms for European armed forces.
Cate Lawrence 1 hour ago Share Share Send email Copy link Helsing , Europe's leading defence AI company, today announces it has raised $1. 8 billion in a Series E, valuing the company at US$18 billion. New and existing investors participated in the round, including Dragoneer Investment Group, Lightspeed Venture Partners, Disruptive, Iconiq, Growth Equity at Goldman Sachs Alternatives, JPMorganChase, Canada Pension Plan Investment Board (CPP Investments), General Catalyst, Plural, and Stepstone.
Investor demand significantly exceeded the available allocation, reflecting strong and growing confidence in AI-driven and software-defined defence technology. The company remains predominantly European-owned, underscoring its deep roots in Europe. The Board of Helsing remains unchanged with Co-Chairmen Daniel Ek and Tom Enders, and members Jeannette zu Fürstenberg and Denis Mercier, alongside the company's founders.
For more details please read the original article at Tech.eu.
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