Helsing Seeks $1.2 Billion at $18 Billion Valuation in New Round
German drone startup Helsing GmbH is raising $1.2 billion in a financing round that could value the company at about $18 billion, according to the Financial Times. That would be up from about the $14 billion valuation implied by a fundraising last year.
The round is being co-led by Dragoneer Investment Group and Lightspeed Venture Partners, the FT reported, as investors pile into defense companies. Helsing is still about 80% owned by Europeans and has been supplying drones to Ukraine.
From the sources (5 posts)
@firstsquawkDrone start-up Helsing poised for $18 billion valuation as investors flock to defense: FT
@ftDrone start-up Helsing set for $18bn valuation as investors pile into defence
@sebjohnsonukBREAKING: @HelsingAI is raising at an $18bn valuation! It's raising $1.2bn co-led by US firm Dragoneer Investment Group and Lightspeed Venture Partners. This comes only a year after raising $600 at a $14bn. It's still 80% owned by Europe
@sebjohnsonukGreat to see Europe taking Defence seriously. Helsing is one of the best we have
@businessGerman drone startup Helsing GmbH may see its valuation jump to about $18 billion in a new financing round, up from about $14 billion implied in a fundraising last year, the Financial Times reported on Saturday