Helsing raises €450M Series C at €4.95B valuation

Jul 11, 2024 · Funding · Helsing · Defense

Helsing raised EUR450 million in a General Catalyst-led Series C at a reported EUR4.95 billion valuation.

Helsing company media
Company media · Helsing
  • Axios reported the €450 million Series C valued Helsing at €4.95 billion.
  • General Catalyst led the round, with Elad Gil, Accel, Saab, Lightspeed, Plural and Greenoaks participating.
  • Helsing said the capital would support product development and R&D focused on European sovereignty and NATO eastern-flank protection.

Defence technology company developing AI-enabled command, sensing and autonomous systems, including software-defined drones, underwater systems and unmanned aircraft programs.