Helsing GmbH Secures?600M in Funding with Estimated Valuation of?12B

Helsing GmbH has raised $600 million in funding led by Prima Materia, with participation from BDT & MSD Partners and existing investors Lightspeed Ventures, Accel Partners, and Saab AB. The transaction values the company at an estimated $12 billion post-money. The financing round is subject to certain approvals.

Munich-based Helsing GmbH has secured $600 million in a Series D funding round led by Prima Materia, with participation from BDT & MSD Partners and existing investors Lightspeed Ventures, Accel Partners, and Saab AB. The transaction values the company at an estimated $12 billion post-money. The financing round is subject to certain approvals.

Founded by Gundbert Scherf, Niklas Köhler, and Torsten Reil in 2021, Helsing has raised over $1 billion across multiple funding rounds following its $450 million Series C in July 2024 [1]. The latest funding will accelerate the company's development of AI-powered defence technologies, strengthening its position as Europe's leading defence tech innovator.

Helsing specializes in artificial intelligence applications for defence, focusing on all-domain defence innovation that spans air, land, sea, space, and cyber domains. The European defence technology sector is experiencing rapid growth as nations strengthen capabilities in response to geopolitical tensions, with increased emphasis on strategic autonomy and advanced AI-powered systems [1].

The company's AI leadership distinguishes it in the competitive landscape, particularly as European governments prioritize domestic technological capabilities over reliance on external solutions. Helsing claims its approach addresses the critical need for sovereign defence technologies that can operate across multiple domains simultaneously [1].

Prima Materia, founded by Daniel Ek, who also serves as Helsing's Chairman, brings significant strategic value beyond capital through its focus on European technological sovereignty. "As Europe rapidly strengthens its defence capabilities in response to evolving geopolitical challenges, there is an urgent need for investments in advanced technologies that ensure its strategic autonomy and security readiness," says Ek [1].

The rapid funding trajectory reflects both Helsing's rapid progress and the urgent market demand for advanced defence technologies in Europe. The company's ability to attract over $1 billion in funding within a short timeframe demonstrates investor confidence in both the team's execution capabilities and the critical market need for European defence technology leadership [1].

References:
[1] https://siliconcanals.com/helsing-secures-e600m-in-series-d/