Funding
German defence startup Helsing raises $693 million in latest investment round
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German defence start-up Helsing has raised 600 million euros ($693.30 million) in its latest investment round, lead by Spotify founder Daniel Ek, the firm said on Tuesday.
The latest investment round has raised Helsing’s value to $12 billion, the Financial Times reported on Tuesday, citing people familiar with the matter.
This positions the start-up among the top five private tech companies in Europe, the FT added.
The investment round was lead by Prima Materia, an investment company founded by Ek and Spotify investor Shakil Khan, which doubled its…
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