Europe's Anduril rival Helsing raises $1.8 billion at $18 billion valuation - CNBC
European defense startup Helsing has raised $1.8 billion in a funding round, reaching an $18 billion valuation. The company specializes in AI-driven software and hardware for military applications, including drones currently used in Ukraine.
Why it matters
This reflects a significant surge in private capital investment toward autonomous defense technology and European military sovereignty.
European defense startup Helsing said Monday it has raised $1.8 billion in a funding round that values the German firm at $18 billion.
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