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The Spotify founder has invested €600 million in Helsing, a company that supplies drones to Ukraine. Helsing also has orders from Germany, Sweden, and the UK.
Spotify’s founder Daniel Ek has invested €600 million in Helsing, a company supplying drones to Ukraine. Helsing also has contracts with Germany, Sweden, and the UK. “There’s growing awareness that AI, scale, and autonomy are now driving the future battlefield,” he said. https://t.co/lAmsT5ZGX9
👀🇩🇪🇺🇦 The Spotify founder has invested €600 million in Helsing, a company that supplies drones to Ukraine. Helsing also has orders from Germany, Sweden, and the UK, - FT 🗣️ "There is a huge awareness that AI, mass and autonomy are now the driving force on the new battlefield. https://t.co/F7uOSGzLmh
Spotify founder Daniel Ek has led a €600 million ($692 million) investment round in Helsing, a German defense technology startup specializing in AI-powered drones. The funding, led by Ek's investment firm Prima Materia, values Helsing at €12 billion, making it one of Europe's most valuable venture capital-backed defense companies. Helsing supplies drones to Ukraine and holds contracts with Germany, Sweden, and the United Kingdom. The company emphasizes the role of artificial intelligence, scale, and autonomy as key drivers in modern warfare. This investment marks a notable expansion of Ek's portfolio beyond Spotify, reflecting growing investor interest in European defense technology.
