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Helsing raises $1.2B at $18B valuation, up from $14B

Helsing raises $1.2B in a funding round led by Dragoneer and Lightspeed, lifting the German defence tech startup's valuation to $18B from $14B.

May 11 · · primary fetch1 sourceupdated May 11 ·

Financial Times: 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 — German company backed by Spotify's Daniel Ek set to raise $1.2bn in latest funding round — Helsing, the German defence technology group backed …

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  1. techmeme.comSources: 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)primary