Helsing Raises $1.8 Billion in Series E Funding Round

Berlin/Munich – Helsing, Europe’s leading AI company in the defense sector, has announ­ced a Series E funding round of $1.8 billion. The company is now valued at $18 billion. New and exis­ting inves­tors are parti­ci­pa­ting in the funding round, inclu­ding Drago­neer Invest­ment Group, Lightspeed Venture Part­ners, Disrup­tive, Iconiq, Growth Equity at Gold­man Sachs Alter­na­ti­ves, JPMor­gan Chase, Canada Pension Plan Invest­ment Board (CPP Invest­ments), Gene­ral Cata­lyst, Plural, and Stepstone. 

Inves­tor demand signi­fi­cantly excee­ded the available funding in this round. This unders­cores the high and growing confi­dence in AI-powered and soft­­ware-based defense tech­no­logy. Helsing remains majo­rity-owned by Euro­pean inves­tors. The company’s board of direc­tors also remains unch­an­ged. Daniel Ek and Tom Enders serve as co-chairs. The other members are Jean­nette zu Fürs­ten­berg and Denis Mercier, as well as the foun­ders of Helsing. 

With its Series E funding round, Helsing is acce­le­ra­ting its mission to deve­lop enti­rely new AI plat­forms and inte­grate them into the defense capa­bi­li­ties of a growing number of part­ner count­ries. Helsin­g’s exis­ting inves­tors include Prima Mate­ria, Accel, and Greenoaks. 

YPOG provi­ded compre­hen­sive legal coun­sel to Helsing in connec­tion with its Series E finan­cing round tota­ling 1.8 billion USD. This finan­cing follows seve­ral previous funding rounds, in which YPOG also advi­sed the company. 

Helsing deve­lops AI-based capa­bi­li­ties for the defense sector and builds tech­no­lo­gies to protect demo­cra­tic socie­ties. The company combi­nes soft­ware, auto­no­mous systems, and AI appli­ca­ti­ons to streng­then Euro­pean tech­no­lo­gi­cal sove­reig­nty and defense capabilities. 

Helsing plans to use the fresh capi­tal to further expand its tech­no­lo­gi­cal capa­bi­li­ties across all domains and scale up its deve­lo­p­ment. The funding is inten­ded to help the company further deve­lop its plat­form, products, and indus­trial capa­bi­li­ties and conso­li­date its role as a Euro­pean defense tech­no­logy company. 

“YPOG has been advi­sing Helsing since its first funding round in Novem­ber 2021 and has been support­ing the company conti­nuously with its capi­tal initia­ti­ves ever since. “It’s impres­sive to see how consis­t­ently Helsing is expan­ding its stra­te­gic posi­tion and driving its tech­no­lo­gi­cal deve­lo­p­ment forward,” says Dr. Benja­min Ullrich, a part­ner at YPOG.

“We are plea­sed to have once again supported Helsing in the largest funding round in the country’s history, which serves as a beacon not only for the German ecosys­tem. The Series E round unders­cores the parti­cu­lar rele­vance of tech­no­lo­gi­cal inno­va­tions for the Euro­pean secu­rity and defense land­scape,” adds Dr. Johan­nes Janning, part­ner at YPOG.

Consul­tant Helsing: YPOG

Dr. Benja­min Ullrich (Co-Lead, Tran­sac­tions), Part­ner, Berlin
Dr. Johan­nes Janning (Co-Lead, Tran­sac­tions), Part­ner, Cologne
Dr. Matthias Schatz (Corpo­rate), Part­ner, Cologne
Paul Haren­berg (Tran­sac­tions), Asso­ciate, Cologne
Benja­min von Mangoldt (Tran­sac­tions), Senior Asso­ciate, Berlin
Dr. Chris­toph Lütten­berg (Corpo­rate), Asso­cia­ted Part­ner, Cologne
Dr. Oliver Junk (Tran­sac­tions), Asso­cia­ted Part­ner, Cologne
Dr. Emma Peters (Tran­sac­tions), Asso­cia­ted Part­ner, Berlin
Silke Ricken (Corpo­rate), Asso­ciate, Berlin
Ferdi­nand Bordes (Corpo­rate), Asso­ciate, Cologne
Danêl Buch­holz (Tran­sac­tions), Asso­ciate, Cologne
Richard Appfel (Corpo­rate), Asso­ciate, Berlin
Marthe Oester­rei­cher (Legal Opera­ti­ons), Senior Project Lawyer, Berlin