Helsing Nears $1.2B Round at $18B Valuation — What It Means for Defense Tech

Friends, a note from defense tech: Helsing is closing in on a $1.2bn raise at an approximate $18bn valuation.

According to the Financial Times, Dragoneer is likely to lead the round with participation from Lightspeed; a year ago Daniel Ek led a €600m investment at an ~€12bn valuation.

This is a valuation step-up and underlines demand for autonomous combat platforms and drones, signalling growing VC interest in defence IT. Why it matters: it confirms material capital appetite and will accelerate deployment of autonomous defense systems.

How do you think such deals will affect competition and regulation?

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