Munich-based defence startup Helsing has raised €600m in Series D funding led by Spotify cofounder Daniel Ek’s investment firm Prima Materia. The new raise values the startup at €12bn, reported by the Financial Times and confirmed by Sifted, making it among Europe’s most valuable startups and more than doubling its previous valuation.
News
June 17, 2025
Defence unicorn Helsing raises €600m led by Daniel Ek’s Prima Materia
The raise comes as fellow drone makers Quantum Systems and Tekever recently became unicorns
2 min read
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# Deeptech# Defence tech# Drones# Funding# Startup life# Venture capital# Germany# Helsing# Startup Fundraise

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