Tuesday, October 27, 2026 · Edition updated 6:00 AM ETTUE, OCT 27 editionNext edition in Next in --:--:--
Intelligence Verdict
AI startups · Law, medicine, finance and defense

Helsing

“Helsing, Europe's leading defence AI company, today announces it has raised $1.8bn in a Series E.” Helsing, company-reported

  • $18Bvaluation at its last closed round, Jul 13, 2026
  • 2021founded
  • Has a product2 things shipped, by our search
The facts

Helsing at a glance.

Read Oct 20, 2026. Valuations and amounts are copied as each source states them; a figure that is only reported (talks, or people familiar with the deal) is labeled as reported.

Kind of company
Law, medicine, finance and defenseAI built for one profession or industry.
Based in
Munich (press release dateline), Germany
Founded
2021The Next Web, Jul 13, 2026
Last closed-round valuation
$18B$18bn (Helsing, Jul 13, 2026)
What it has shipped
Has a product
Founders
  • Torsten Reil: co-founder and co-CEO (background not stated in fetched sources) (The Next Web, Jul 13, 2026)
  • Gundbert Scherf: co-founder (background not stated in fetched sources) (The Next Web, Jul 13, 2026)
  • Niklas Köhler: co-founder (background not stated in fetched sources) (The Next Web, Jul 13, 2026)
Latest news

Raised $1.8bn Series E at an $18bn valuation; first reported in May at $1.2bn Jul 13, 2026

The Next Web, Jul 13, 2026

What it has built

Shipped, or not yet.

“Has a product” is what our search found: something the public can use or buy, a model or API, research only, or nothing public.

product · Jul 13, 2026

HX-2 strike drone, described by TNW as already supplied to Ukraine (no delivery numbers)

Source
product · Jul 13, 2026

Altra battlefield software

Source
2 rounds

Funding, as reported.

Every round we found, with the amount, valuation and investors as the source states them.

WhenRoundAmountValuationInvestors namedSource
Jun 2025unnamed€600maround €12bnNone namedThe Next Web
Jul 13, 2026Series E$1.8bn$18bnDragoneer Investment Group (lead, per TNW), Lightspeed Venture Partners (co-lead, per TNW), Disruptive, Iconiq, Goldman Sachs Alternatives, JPMorganChase, CPP Investments, General Catalyst, Plural, Stepstone, Prima Materia, Accel, GreenoaksHelsing
Our note

Worth knowing.

Our note: Company release names no lead; TNW says Dragoneer led with Lightspeed co-leading. TNW cites no independent verification of HX-2 deployments. About 900 staff (TNW). Daniel Ek and Tom Enders are co-chairmen.