Focusing on military technologies, Helsing received an investment of 450 million euros

It is an artificial intelligence-supported defense industry initiative. Helsingannounced that it received a new investment. According to the information provided by Helsing, the startup is in the C series investment round. 450 million euro investment took. 450 million euro C series investment round, General Catalyst took place under his leadership.

Among the other participants of the investment tour: Elad Gil, Accel, Saab, Lightspeed, Plural ve Greenoaks It is located. Helsing initiative with the C series investment round Its valuation is 4.5 billion euros. Let’s add that it has reached . As a reminder, Helsing last received an investment of 209 million euros in September 2023. With the new investment of 450 million euros, the total investment the company has received to date is 760 million euros exceeded.

Russia’s invasion of Ukraine triggered rapid growth in Europe of U.S. and European companies focused on military technologies. It is not a coincidence that the investment in Helsing was announced during the NATO summit in Washington DC. With the investment it receives, the company will further strengthen its presence in European countries close to Russia.

Having established a new company in Estonia, Helsing will work on Baltic-focused defense projects in the next 3 years. 70 million euros to spend is planning.

in 2021 Gundbert Scherf, Niklas Köhler and Torsten Reil Founded in Berlin by Helsing, it offers artificial intelligence-supported software to improve the weapon capabilities of drones and military aircraft and to make better decisions on the battlefield.

Helsing, which has offices in Munich, London and Paris as well as Berlin, plans to rapidly increase its number of employees, which is 300, with the investment. It would not be wrong to say that defense industry-focused companies will grow rapidly in these days when tension is increasing day by day.