Daniel Ek-backed defense tech Helsing to raise $1.2B at $18B valuation

Helsing, a European military drone startup backed by Spotify CEO Daniel Ek, is on the verge of securing $1.2 billion in funding, which would elevate its valuation to an impressive $18 billion. Founded just five years ago, Helsing is redefining defense technology with its innovative approach to military drones, positioning itself as a key player in the evolving landscape of defense solutions. This significant investment reflects growing confidence in Helsing's vision and capabilities, as it continues to explore transformative advancements in military technology.