Helsing raises $1.8B and hits an $18B valuation after a heavily oversubscribed financing that draws capital from CCP Investments, JPMorgan Chase and Goldman Sachs Alternatives.The Munich firm employs more than 1,000 people, focuses on AI-driven software for unmanned aerial and underwater systems, supplies HX-2 kamikaze drones to the Ukrainian army and is developing an unmanned combat jet with Grob Aircraft.Management says the new capital will accelerate
Helsing’s AI platform and cloud-edge systems, a bet that reflects growing investor appetite for software-centric defence startups even as public defence stocks remain volatile.