AI warfare push makes Helsing one of Europe’s 5 most valuable tech firms

Munich-based defence tech startup Helsing has raised €600mn as geopolitical tensions trigger a flood of capital into AI warfare. The large investment was led by Spotify CEO Daniel Ek’s VC firm Prima Materia. It brings the company’s total raised to north of €1.3bn, building on a €450mn funding round in July last year.  Helsing didn’t disclose its updated valuation. However, according to the Financial Times, the unicorn company is now worth €12bn, making it one of Europe’s five most valuable private tech companies.  Prima Materia was one of Helsing’s earliest backers — a move that sparked boycotts among artists on…

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