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InstitutionalEurope

Europe's Helsing raises $1.8 billion, valuing defence group at $18 billion

Munich-based AI defence firm Helsing raised $1.8 billion in a Series D round, reaching an $18 billion valuation. The capital will accelerate development of AI-enabled platforms including HX-2 strike drones and autonomous combat systems. The round signals major private capital confidence in European sovereign defence tech.

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Read original at Reuters

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Helsing Funding

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