Helsing raises $1.8bn at an $18bn valuation, and its cap table tells a story

Munich-based Helsing, Europe's largest defense startup, has raised $1.8 billion in a Series E funding round at an $18 billion valuation, marking rapid growth since its 2021 founding. The company develops AI-driven defense software and hardware for European militaries, emphasizing sovereignty, though significant investment comes from American and Canadian financial institutions. Helsing's product range includes battlefield software, drones, aircraft, and surveillance systems, with operations in多个