Spotify’s Daniel Ek arrives at the Defense Startup investment

European Defense Technologies Helsing Helsing said 600 million euros ($ 693.6 million) rose in a new financing round.

The investment was created by Prima Materia, created by venture capital company Dealings Daniel and Director General of Shakil Khan, a familiar investor in the famous music streaming application. He is also president of Helsing.

The existing investors have also put money, Accel, plural, generally, and Saab, as well as the BDT and MSD new partners.

Defense and has become a technology behind it Hot site Recently investors, among important global conflicts, including the war of Ukraine in Israel. Last week scaling more wars in the Middle East like Israel Launched a range of anti-Iran aircraft.

In 2024, risk financing in European defense, security and resilience sector reached a height of $ 5.2 million all the time, according to A Last Report NATO’s innovation fondy. The sector grew by 30% over the last two years by exceeding the wider VC market, which saw a 45% decrease at the same time.

Founded in 2021, Helsing sells software that uses artificial intelligence technology to analyze large numbers of sensors on the battlefield, in the battlefield to notify the military decisions in real time. Last year, it also began to manufacture his own line of military drones, called HX-2.

Helsing, in the UK, Germany, and France, said he would use fresh money to invest money in “technological sovereignty”. It refers to attempts to develop and produce critical technology development and production.

“Europe rapidly strengthens his defense skills in advance of geopolitical challenges, investors in advanced technologies that guarantee their strategic autonomy and security readiness,” EKK said on a statement on Tuesday.

Helsing has not revealed his new rating following the last turn of funding, according to a statement “certain approval”. The firm was worth approximately 5 billion euros last year in a financing of 450 million euros in general Catalonia.