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Europe's Anduril rival Helsing raises $1.8 billion at $18 billion valuation

European defense technology firm Helsing secures $1.8 billion in funding, reaching an $18 billion valuation.

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The brief

Helsing GmbH has announced the completion of a funding round totaling $1.8 billion. This infusion of capital places the defense technology company’s valuation at $18 billion.

Coverage from Bloomberg, Reuters, CNBC, Marketscreener, and Briefs Finance highlights the participation of Goldman Sachs in the investment round. Reports also indicate that the company implemented a restructuring of employee stock options into phantom shares prior to the funding announcement.

Future developments remain dependent on further disclosures regarding the specific allocation of these funds. Coverage does not yet specify the full list of participating investors or the long-term operational plans for the newly acquired capital.

Synthesized by PULSE from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 16h ago.

Quick answers

How much funding did Helsing raise?

Helsing raised $1.8 billion.

What is the current valuation of the company?

The company is valued at $18 billion.

What changes were made to employee equity?

According to coverage, Helsing swapped employee stock for phantom shares prior to the funding round.

Coverage (7)

Topics

Helsing Goldman Sachs Defense Venture Capital

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