Defense Tech Startup Helsing Raising Funds At $4 Billion Valuation
The Munich-based company Helsing is raising at least $400 million in a funding round led by General Catalyst, sources tell Forbes.
Source: forbes.com
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The robots are coming. How Ukraine became the testing ground for AI-powered combat.
As autonomous drones soar toward the frontline, bigger countries like China and the U.S. are watching.
Source: politico.eu
Helsing Raises €209M in Series B Funding
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Source: finsmes.com
Only 48 hours left to save on passes to TechCrunch Disrupt 2023
What’s worse than buyer's remorse? Missing your last chance for a discount on a pass to TechCrunch Disrupt 2023. It disappears in 48 hours.
Source: techcrunch.com
Defense AI startup Helsing breaks the record for European AI, raising a $223M Series B
Helsing, a "Defense AI" startup backed by Spotify founder Daniel Ek which had previously raised €102.5 million, has today pulled in another €209 million ($223 million) in a Series B funding round led by General Catalyst. The investment could potentially make Helsing the largest European AI company and also the largest European defense tech unicorn. The pre-money valuation for Helsing was said to be €1.5 billion, but post-money would put that figure at over €1.7 billion.
Source: yahoo.com