German defence startup Helsing raises $693 million in latest investment round

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Here’s a structured summary based on the information provided:

Startup

  • Name: Helsing
  • Location: Munich, Germany
  • Specialization: AI software, drones, aircraft, submarines

Fundraise

  • Amount Raised: 600 million euros ($693.30 million)
  • Valuation: $12 billion

Funding Round Details

  • Type: Latest investment round
  • Date: Not explicitly stated in the text

Lead Investors

  • 1. Prima Materia
    • Founders: Daniel Ek (Spotify Founder), Shakil Khan

Other Investors

  • 2. Lightspeed Ventures
  • 3. Accel
  • 4. Plural
  • 5. General Catalyst
  • 6. SAAB

Founders

  • Daniel Ek: Founder of Spotify
  • Shakil Khan: Investor and co-founder of Prima Materia

Notable Information

  • The funding positions Helsing among the top five private tech companies in Europe.
  • The investment is motivated by increased government defense spending due to geopolitical tensions.

This structured summary captures the key information about the funding and stakeholders associated with Helsing.

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2025-06-17 08:52:00