Today, Munich-based defence AI firm Helsing shared it has secured €209 million in Series B funding, solidifying its status as Europe’s most well-funded defencetech startup and among the leading AI companies in the field.
The round is led by General Catalyst. Swedish group Saab is joining the round as a strategic investor, deepening the existing partnership.
This funding round follows a previous Series A (€102.5 million) led by Prima Materia, an investment company founded by Daniel Ek, co-founder and CEO of Spotify.