May 23, 06:20 PM

Europe's Biggest Defense Tech Startup Helsing in Talks to Raise $400 Million at $4 Billion Valuation

Europe's biggest defense tech startup, Helsing, is in discussions to raise $400 million in a Series C funding round, which would value the company at approximately $4 billion. The funding round is being led by existing investor General Catalyst. Helsing, known for providing AI tools to militaries, had previously raised over $200 million in 2023.

#Europe #Helsing #Catalyst

Written with ChatGPT (GPT-4o).