Sources: German defense tech startup Helsing is set to raise $1.2B led by Dragoneer and Lightspeed at a valuation of about $18B, up from $14B in June 2025 (Financial Times)

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German defense AI startup Helsing raising $1.2B at $18B valuation, up from $14B in June 2025, led by Dragoneer and Lightspeed with backing from Spotify founder Daniel Ek.

Categories: Money & Moves

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<a href="https://www.ft.com/content/0ca32fa3-cf28-4105-b1f9-ec5bc0c9158c"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260511/i28.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260511/p28#a260511p28" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.ft.com/">Financial Times</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.ft.com/content/0ca32fa3-cf28-4105-b1f9-ec5bc0c9158c">Sources: German defense tech startup Helsing is set to raise $1.2B led by Dragoneer and Lightspeed at a valuation of about $18B, up from $14B in June 2025</a></b></span>&nbsp; &mdash;&nbsp; German company backed by Spotify's Daniel Ek set to raise $1.2bn in latest funding round&nbsp; &mdash;&nbsp; Helsing, the German defence technology group backed &hellip; </p>

Read at source: https://www.techmeme.com/260511/p28#a260511p28