The round drew backing from new and existing investors, including Dragoneer Investment Group, Lightspeed Venture Partners, Disruptive, Iconiq, Growth Equity at Goldman Sachs Alternatives, JPMorganChase, Canada Pension Plan Investment Board, General Catalyst, Plural and Stepstone. Helsing said demand from investors significantly exceeded the available allocation.
The company said the level of demand reflected growing confidence in AI-driven and software-defined defence technology. It added that Helsing remains predominantly European-owned, a point it said underscores the company’s roots in Europe.
The funding comes as European defence companies seek to scale software, autonomy and artificial intelligence capabilities for military users. Helsing said the investment will help accelerate its mission as it works with a growing number of partner nations.
Helsing’s board will remain unchanged after the financing round. It includes co-chairmen Daniel Ek and Tom Enders, board members Jeannette zu Fürstenberg and Denis Mercier, and the company’s founders.
Existing Helsing investors include Prima Materia, Accel and Greenoaks. The company said the latest round strengthens its ability to build and deploy new AI platforms for defence applications.
