Fundz

Defence Ai Startup Helsing Breaks The Record For European Ai, Raising A $223M Series B

Sep 14, 2023

Amount Raised

$223 Million

Round Type

Series B

MunichSoftwareArtificial Intelligence

Description

Helsing, a ‘Defence AI’ startup backed by Spotify founder Daniel Ek which had previosuly raised €102.5 million, has today pulled in another €209 million ($223 million) in a Series B funding round led by General Catalyst. Swedish heavy industry and defence group Saab is joining as a strategic investor, deepening what was previously an existing partnership.

Quick answer

Helsing raised $223 Million in a Series B round, dated September 14, 2023. Helsing is based in Munich, Bavaria, Germany.

How much did Helsing raise?
Helsing raised $223 Million in a Series B round on September 14, 2023.
What does Helsing do?
founded Helsing because we believe that AI will be essential so that democracies can continue to defend their values.
Where is Helsing based and how big is it?
Helsing is based in Munich, Bavaria, Germany. Fundz records about 900 employees.
Who are the decision-makers at Helsing?
Fundz holds 2 contacts at Helsing. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Helsing that raised within 45 days of this round, from Fundz verified event records.

  • Cursor raised $8M (Funding Round) on October 11, 2023.
  • Zephyr AI, Inc. raised $111M on October 27, 2023.
  • Cranium Al raised $25M (Series A) on October 26, 2023.
  • LegalMation raised $15M (Funding Round) on October 25, 2023.
  • Pony AI raised $100M on October 25, 2023.
  • Klu raised $1.7M (Seed) on October 24, 2023.

Who to call at Helsing, and when

A new round usually means Helsing is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Helsing raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Helsing, from your own LinkedIn network

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Company Information

Company

Helsing

Location

Munich, Bavaria, Germany

About

founded Helsing because we believe that AI will be essential so that democracies can continue to defend their values.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Helsing raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Predictive Intelligence
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ML-powered predictions for Helsing's next move

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Helsing raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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