German Defense Drones Firm Helsing Raises €600M, Joins Europe’s Top 5 Tech Unicorns

German Defense Drones Firm Helsing Raises €600M, Joins Europe’s Top 5 Tech Unicorns

German defense start‑up Helsing has closed a €600 million funding round led by Prima Materia, co‑founded by Spotify CEO Daniel Ek and investor Shakil Khan, boosting its valuation to around $12 billion (€12 billion) and placing it among Europe’s five most valuable private tech firms. Helsing incorporated in 2021 as an AI‑software developer and has since expanded into producing military … Read more