Helsing Defense Tech Startup Valued at $4 Billion in New Funding Round

Munich-based AI startup Helsing is raising at least $400 million in a Series C funding round led by General Catalyst, valuing the company at around $4 billion. This makes Helsing one of the most valuable defense tech startups globally. The company, which focuses on AI software for military applications, has secured contracts with European militaries and aims to enhance national security interests amid global tensions.