Helsing raises $1.8bn at an $18bn valuation, and its cap table tells a story

Munich’s Helsing has raised $1.8bn at an $18bn valuation, making it Europe’s largest defence startup. The round is a bet on sovereign AI. A lot of the money paying for it is American. Europe’s biggest defence startup just got a lot bigger. On Monday Helsing said it had closed a $1.8bn Series E that values […]