German defence AI company Helsing has raised €450 million in a Series C financing round led by General Catalyst. Elad Gil, Accel, Saab, Lightspeed, Plural, and Greenoaks participated. This brings the company’s funding to over $760 million.
Helsing has been active in Ukraine since 2022 and recently established the Defence Manufacturers Alliance, a joint initiative with the Ukrainian government.
Since its founding in 2021, the company has secured a series of government contracts, including the German Eurofighter Electronic Warfare upgrade (with strategic investor and committed partner…