Helsing

Munich Defense Tech Startup Helsing Raises $1.8 Billion in Series E Funding Round

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Helsing, a Munich-based defense tech startup, secured $1.8 billion in a Series E round led by Dragoneer, Lightspeed, and Goldman Sachs. The funding will expand its AI-powered defense systems, including autonomous drones and underwater surveillance, while maintaining European ownership despite global investor interest.

Munich Defense Startup Helsing Raises $1.2 Billion, Becoming Most Valuable German Startup Ever

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Helsing, a Munich-based defense startup founded in 2021, is reportedly raising 1.2 billion US dollars, which would value the company at 18 billion dollars. This would make it the most valuable German startup, surpassing previous record holders Trade Republic and Celonis. The company develops AI-powered autonomous combat drones, with the HX-2 model already in operation. The funding round is led by US investors Dragoneer and Lightspeed Venture Partners.