In Short
Posted:
Five-twelve months-oldschool European militia drone startup Helsing is reportedly shut to elevating a new $1.2 billion round at about an $18 billion valuation. The round is anticipated to be led by Dragoneer and co-led by fresh Helsing investor Lightspeed, the Financial Times reported.
Helsing ultimate raised correct under a twelve months within the past, in June 2025, in a deal that used to be led by billionaire Spotify founder Daniel Ek. That used to be a €600 million funding at an estimated €12 billion valuation ($14 billion). So this new round is a step up.
Whereas Helsing isn’t the fully European unicorn defense tech, it’s by far the person that investors reflect basically the most helpful. For example, German drone maker Quantum Programs raised €180 million in November, which valued it at bigger than €3 billion. And a twelve months within the past, Lisbon-headquartered Tekever raised £400 million at a valuation above £1 billion. Amid Russia’s ongoing war in Ukraine, the proving ground for trace new technologies, self reliant defense startups bear change into a sizzling space for VCs.
Helsing, Dragoneer, and Lightspeed may now no longer be proper now reached for comment.
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