German AI defence startup Helsing poised to triple valuation to $4.5B
German AI defence start-up Helsing aims to raise $500 million, potentially tripling its valuation to $4.5 billion with backing from Silicon Valley investors. Specializing in AI-based defence software, Helsing's focus on real-time battlefield intelligence attracts investors amid global conflicts.
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Helsing, a German AI defence start-up, is in discussions to raise nearly $500 million from Silicon Valley investors like Accel and Lightspeed Venture Partners, which would triple its valuation to $4.5 billion. The company specializes in AI-based software for defence, providing real-time battlefield intelligence by processing data from sensors and weapons systems. Helsing has attracted interest from investors due to the increasing global conflicts driving private investment in military suppliers. The potential funding round would make Helsing one of Europe's most valuable AI start-ups, showcasing the growing appetite of traditional venture capital investors for defence tech companies. The company's partnerships with established defence contractors and its focus on developing AI capabilities for drones in Ukraine have contributed to its appeal. This move reflects a shift in investor sentiment towards defence tech companies, spurred by rising tensions between major powers and the evolution of modern warfare towards software-defined technologies.
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