Defense technology startup Helsing raises $1.8B at $18B valuation

Helsing SE, a German defense tech startup, has secured $1.8 billion in a Series E funding round, bringing its total valuation to a staggering $18 billion. The investment group included notable names like JPMorgan Chase, General Catalyst, Lightspeed, and Iconiq. This significant capital influx underscores the growing interest and potential in advanced defense technologies, highlighting Helsing's position as a leader in the sector. The funds will likely bolster Helsing's innovative projects and expand its market reach.