London-based Agon, which is developing sovereign AI training infrastructure for European defense, emerges from stealth with a $7M pre-seed and a $23M seed
Startup founded by the co-founder of Cambridge Aerospace and alums from Anduril, Applied Intuition and Helsing aims at a critical gap in the market.
Russia's Ukraine war spurred a new generation of defense tech investors and startups like Helsing, applying a profit-driven model to Europe's military buildup
Patricia Cohen / New York Times :
Interviews with 40 sources describe concerns about Helsing, Europe's most valuable defense tech startup, including whether it can live up to its €5B valuation
do read [embedded post] X: David Hambling / @david_hambling : In short, Helsing appear to be taking $2k drones and selling them for more like $20k; some Ukrainian troops (who have used their own $2k d...
An interview with Helsing co-CEO Torsten Reil on delivering the defense tech company's AI-enabled strike drones to Ukraine, the herd mentality of VCs, and more
Highlights for me: — ‘I am a passionate European. I believe in European ideas.’ …
A look at European startups building AI-powered weapons, betting governments will increase defense budgets and buy more autonomous drones and AI systems
Wrote our newsletter today about four fascinating newcomers in European defense: Helsing …
Helsing, which makes AI tools for defense, raised a €450M Series C led by General Catalyst, a source says at a €4.95B valuation, taking its funding to €769M
- Company formed in 2021 has now raised nearly €770 million — Helsing will open entity in Estonia as part of Baltic push
Sources: Helsing, which provides AI tools to militaries, is raising a $400M+ Series C led by General Catalyst at a ~$4B valuation, after raising $200M+ in 2023
Helsing, which uses AI to integrate data and create live maps of battlefields, raises €100M from Daniel Ek's European tech investing group
Defence start-up will use AI to build live battlefield maps in ‘ethical, responsible and transparent’ way — A year after launching …