Helsing aims to raise $1.2B at $18B valuation led by Dragoneer
Crypto Briefing
European defense AI startup Helsing is set to become Germany's most valuable startup with a planned $1.2 billion funding round at an $18 billion valuation.Summary
Helsing, a five-year-old European defense startup specializing in AI software for military applications, is nearing a $1.2 billion funding round that would bring its valuation to $18 billion. Led by Dragoneer Investment Group with participation from Lightspeed Venture Partners, the deal would make Helsing the highest-valued startup in Germany. The company, which provides technology for drones, surveillance, and data processing, has seen rapid growth since its €600 million Series D round in 2025. This surge in valuation reflects a broader 300% increase in defense tech investment since 2024, driven by shifting geopolitical priorities following the conflict in Ukraine.
(Source：Crypto Briefing)