INSUBCONTINENT EXCLUSIVE:
Helsing, a leading European defence innovation business, revealed its 600 million ($690M) Series D financing round
The round was led by Prima Materia, along with existing financiers Lightspeed Ventures, Accel, Plural, General Catalyst and SAAB and new
financiers BDT & & MSD Partners.As Europe rapidly enhances its defence capabilities in response to developing geopolitical difficulties,
there is an immediate requirement for investments in innovative innovations that ensure its strategic autonomy and security preparedness,
said Daniel Ek, Founder, Prima Materia, and Chairman, Helsing
Helsing is distinctively positioned with its AI management to deliver these vital capabilities in all-domain defence innovation
By doubling down on our financial investment, Prima Materia reaffirms its commitment to empowering Europes technological sovereigntyan
aspiration Helsing completely embodies.Todays statement follows Helsings Series C financing of 450m ($520M) in July 2024, including General
Catalyst, Elad Gil, Accel, Saab, Lightspeed Ventures, Plural and Greenoaks.The funding round is subject to particular approvals.Source:
HelsingPosted in Business News on June 24, 2025 by The Editor.Leave a comment
