Helsing Secures €600 Million in Series D Funding
Deal News | Jul 17, 2025 | Taylor Wessing
In a significant financing development, Helsing, a Munich-based AI-driven defense technology company, has raised €600 million in a Series D funding round. The round was spearheaded by Prima Materia and involved key investments from renowned firms such as General Catalyst, Lightspeed Venture Partners, and Accel. Legal advice for the investors was provided by Taylor Wessing, with the firm's Berlin partner Dr. Norman Rchert leading the advisory team. Established in 2021, Helsing has quickly emerged as a leader in the development of AI-based defense software, playing a crucial role in European defense innovation. This latest funding round underscores the firm belief in Helsing's potential to fortify European sovereignty through advanced technological solutions. The financing is pending certain regulatory approvals.
Sectors
- Defense Technology
- Venture Capital
- Artificial Intelligence
Geography
- Europe – Helsing is based in Munich and is focused on strengthening European defense capabilities through technology.
- United States – Several investors in the financing round, such as General Catalyst and Lightspeed Venture Partners, are based in the United States.
Industry
- Defense Technology – Helsing operates in the AI-based defense technology sector, focusing on software solutions for defense applications.
- Venture Capital – The financing round involves multiple venture capital firms, highlighting the role of VC in funding innovative startups.
- Artificial Intelligence – Helsing specializes in AI, which is a core component of its defense technology solutions.
Financials
- €600 million – The total amount raised by Helsing in the Series D financing round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Helsing | Target Company | Company | A leading European company developing AI-based defense technology. |
| Prima Materia | Lead Investor | Company | An investment firm leading the Series D financing round for Helsing. |
| General Catalyst | Investor | Company | A global investment firm known for supporting ambitious entrepreneurs and innovative enterprises. |
| Lightspeed Venture Partners | Investor | Company | A multi-stage venture capital firm investing in enterprise, consumer, and healthcare sectors. |
| Accel | Investor | Company | A global venture capital firm supporting companies from inception through growth phases. |
| Taylor Wessing | Legal Advisor | Company | Provided legal advisory services to the investors in Helsing's Series D funding. |
| SAAB | Existing Investor | Company | An existing investor in Helsing, contributing to the financing. |
| BDT & MSD Partners | New Investors | Company | New investors in Helsing's Series D financing round. |