Home / Business and Economy / Helsing Eyes $1.2B Round at $18B Valuation
Helsing Eyes $1.2B Round at $18B Valuation
11 May
Summary
- Helsing is reportedly raising $1.2 billion at an $18 billion valuation.
- The company's previous funding round was in June 2025 for €600 million.
- Autonomous defense startups are a hot investment area due to the Ukraine war.
Five-year-old European military drone startup Helsing is reportedly on the cusp of securing a substantial new funding round. The company is expected to raise approximately $1.2 billion, with a valuation projected at around $18 billion. This potential investment signifies a notable increase from its previous funding achievement.
Last year, in June 2025, Helsing successfully closed a funding round of nearly €600 million, achieving an estimated valuation of €12 billion. The new proposed round, anticipated to be led by Dragoneer and co-led by Lightspeed, marks a significant valuation jump.
Amidst Russia's ongoing conflict in Ukraine, which has become a testing ground for new defense technologies, autonomous defense startups have become a prime focus for venture capital investment. Helsing, despite being one of several European defense tech unicorns, commands the highest valuation among its peers. For comparative context, German drone maker Quantum Systems raised €180 million in November, valuing it over €3 billion, and Tekever secured £400 million a year ago at a valuation exceeding £1 billion.
