Economic Times Tech
5/9/2026
German defense startup Helsing nears $18 billion valuation in $1.2 billion round, FT says
Short summary
German defense startup Helsing is closing a $1.2 billion funding round at ~$18 billion valuation, led by Dragoneer Investment Group with Lightspeed as co-lead. The advanced-stage round signals strong investor appetite for autonomous defense and AI-powered military applications.
- •$1.2B Series funding at $18B valuation
- •Led by Dragoneer, co-led by Lightspeed
- •Reflects institutional demand for defense AI
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