Helsing Raises $1.8 Billion in Series E Round - Valuation Climbs to $18 Billion

Helsing Raises $1.8 Billion in Series E Round - Valuation Climbs to $18 Billion reports that the Munich-based defense technology company Helsing closed a Series E funding round of $1.8 billion, lifting its valuation to $18 billion. The round places Helsing alongside Quantum Systems among a small group of European defense tech firms that have secured billion-dollar rounds at double-digit valuations in recent weeks. The funding includes both new and existing investors such as Dragoneer Investment Group, Lightspeed Venture Partners, Iconiq, Growth Equity at Goldman Sachs Alternatives, JPMorganChase, and CPP Investments, while backers like Prima Materia, Accel, and Greenoaks also participated. Helsing says demand exceeded the available round size and that it remains majority European-owned. The company said the capital will support new AI platforms integrated into defense capabilities across partner countries.