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

European defense tech firm Helsing has secured $1.8 billion in Series E funding, reaching a valuation of $18 billion.

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171160Jul 13 10:29Jul 13 11:29 UTC

The brief

Helsing, a drone startup and rival to Anduril, has raised $1.8 billion in Series E funding. This latest investment round places the company's valuation at $18 billion.

Coverage from Bloomberg, CNBC, AOL, and Global Banking & Finance Review emphasizes the scale of the funding and the involvement of Goldman backing. Startup Fortune highlights that the company's equity reshuffle reflects the speed of Europe's defense boom.

Future focus remains on Helsing's positioning as a European alternative to Anduril within the rapidly expanding defense sector.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated just now.

Quick answers

How much funding did Helsing raise?

Helsing raised $1.8 billion in Series E funding.

What is Helsing's current valuation?

The company is valued at $18 billion.

Who provided backing for this round?

According to Bloomberg, Goldman provided backing for the raise.

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