Editorial information aggregated from public sources. Not regulated investment advice.

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Helsing

European AI defense software and autonomous systems company.

Stage
Series E
Total funding
€1.37B + $1.8B Series E
Valuation
$18B (Series E, Jul 2026)
Founded
2021
HQ
Munich, Germany
Employees
900

Overview

Helsing develops AI-powered software for military applications across air, land, sea, and sub-surface domains. Its technology interprets sensor and weapons system data to provide real-time battlefield insights. The company expanded into hardware with the HX-2 and HF-1 AI strike drones, which have been fielded in Ukraine. Helsing commits to selling exclusively to democratic governments and has subsidiaries in the UK, France, and Estonia.

Founders3

Investors1

DoD contracts0

No linked records yet.

EU / DoD programs0

No linked records yet.

Funding & cap table detail

Raised per round

Valuation over time

Valuation: $18BRaised: $1.2B

Percentages marked ~ are not disclosed. Some are a generic VC-pattern model (founders/team weighted heaviest, option pool lightest, other holders evenly) sized to whatever's left undisclosed — a standard industry shape, not this company's actual cap table.

HolderInstrumentOwnership
Founders & managementReinvested
Common
~13.3%
Other investors
Preferred / Common
~13.3%
AccelReinvested
Preferred (Series C–D)
~13.3%
Prima Materia (Daniel Ek)Reinvested
Preferred (Series A–D)
~13.3%
Saab (strategic)Reinvested
Preferred (Series C)
~13.3%
Lightspeed Venture PartnersReinvested
Preferred (Series C–D)
~13.3%
General CatalystReinvested
Preferred (Series B–C)
~13.3%
Employee option pool
Options
~6.7%

Sources 7

7 sources behind every claim

Every data point in this brief is backed by a cited public source. Request Pro access to see them and verify each claim yourself.

Generated by Defense Tech Atlas — every claim above is traced to a cited public source.