Helsing

Private

Munich-based European defense AI company building software for military hardware (drones, jets, submarines) and a sovereign-AI alternative to US-built defense tech. ~80% European-owned with an active €1.46B German military drone contract. Daniel Ek-backed through Prima Materia, now Germany's most valuable startup at $18B.

Founders Torsten Reil, Gundbert Scherf, Niklas Köhler

CEO Torsten Reil

Company

Founded

2021

Headquarters

Munich, Germany

Financials

Total Funding

$2.7B

Last Valuation

$18.0B

Sectors

Artificial Intelligence Cybersecurity Aerospace

helsing.ai

Funding History

5 rounds

Series E May 11, 2026

$1.2B

Valuation: $18.0B

Dragoneer Investment Group (Lead) Lightspeed Venture Partners Accel Plural General Catalyst Greenoaks Saab BDT & MSD Partners

Series D Jun 15, 2025

$690M

Valuation: $14.0B

Prima Materia (Lead) Accel Lightspeed Venture Partners Plural General Catalyst Saab

Series C Jul 15, 2024

$500M

Valuation: $5.5B

General Catalyst (Lead)

Series B Sep 15, 2023

$230M

General Catalyst (Lead) Accel Saab Plural

Series A Nov 15, 2021

$110M

Prima Materia (Lead)

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.