Helsing Secures €600 Million Amid Defense Tech Boom

Munich's Helsing has raised €600 million in a funding round led by Spotify CEO Daniel Ek's firm, bringing total investments to over €1.3 billion. Valued at €12 billion, Helsing’s autonomous technologies are now utilized by various European militaries, including Ukraine. The surge in defense investments reflects increased military spending due to rising security concerns in Europe.