Post by Pascal Hetzscholdt
Senior Director, AI Strategy & Content Integrity at Wiley
Quote: "Helsing, a Munich-based defense technology startup developing artificial intelligence software and military equipment, has raised $1.8 billion in a Series E financing that values the company at $18 billion. The latest round included the growth equity arm of Goldman Sachs Alternatives, alongside investors Dragoneer Investment Group, Iconiq, the Canada Pension Plan Investment Board, and JPMorgan Chase & Co. Several existing investors, including Lightspeed Venture Partners, General Catalyst, and Plural, also participated. Helsing said the company remains predominantly European-owned, reinforcing its European roots as it expands its position in the region's defense industry." Source: https://lnkd.in/eeUp4i8S