Team S on Newnex: Helsing, a German AI defense startup, raised…

Helsing, a German AI defense startup, raised approximately $489…

Team S · 2024-07-15T07:09:48.000Z

Helsing, a German AI defense startup, raised approximately $489 million in funding, leading to a valuation of $5.4 billion . The Series C round was led by General Catalyst with participation from existing investors. Founded in 2021 by Torsten Reil, Niklas Hed, and Timo Gassko, Helsing specializes in AI-powered military solutions. The funds will support its expansion along NATO's eastern flank and further development of its defense technology https://www.bloomberg.com/news/articles/2024-07-11/defense-startup-helsing-nets-5-billion-valuation-plans-east

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Team S on Newnex: Helsing, a German AI defense startup, raised…