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424 Military AI startup Helsing raises €450M, plans to protect NATO’s border with Russia

The Next Web
Thomas Macaulay @ The Next Web 1 place · 07/11/2024 06:41 EDT

Military AI startup Helsing raises €450M, plans to protect NATO’s border with Russia

Military AI startup Helsing has raised a whopping €450mn at a reported valuation of €5bn. The German company said the war chest will fund security for NATO’s Eastern Flank. Founded in 2021, Helsing has rapidly grown into one of Europe’s defence tech leaders. It’s now also among the continent’s most valuable AI startups. This rapid rise has coincided with increasing alarm about Russia’s threat to Europe. Since the full-scale invasion of Ukraine began in 2022, defence budgets have soared across the region. He

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