Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Unlock the editor’s digestion free
FT editor Roula Khalaf, chooses his favorite stories in this weekly newsletter.
Spotify founder Daniel EC investment company invests in the value of 12 billion euros, and 600 million euros, one of the most valuable beginnings in Europe.
The Munich Based Startup comes as the origin of artificial intelligence to produce its own drones, planes and submarines.
Helsing is useful from a Increase in investment In defense teams, like a highly charged geopolitical environment, the nations are reconsidered to increase military spending and increase the war in Ukraine.
Prima Materia, an investment company founded by EK and in 2020 investor photo khan was made early spotify The first important investment In 2021, Russia has a few months ago for the full occupation of Ukraine.
Now Prima Materia “twice up”, explained EC Ft. The Swedish Defense Group SAAB and enterprise capitalists are the final investment of the beginning, including lightspeed devices, speed, majority and general catalyst.
The transaction raises its total capital to 1.37 billion euros.
“The world is tested more than before. This is the first place between Drones and other EU-pightsed systems, and pointing to the conflict between Ukraine,” the schedule has accelerated to work for the Helsin financing. ”
“Really there is a great realization that AI, mass and autonomy manages a new battlefield,” he said. “We cannot know the results of this conflict (in Ukraine) or for any conflict that it is really progressing.”
The evaluation of four-year-old Helsing, it has increased twice enlarged Less than a year ago € 450mn. The latest investment related to traditional capital and other financing is estimated at 12 billion euros, according to the people familiar with the issue.
The picture is in a situation among the most valuable technological companies in Europe. The company refused to comment on his evaluation.
Deal comes after the starting starting in California Sensor Recently raised $ 2.5 billion worth $ $ 30.5 billion. European Drone manufacturers were estimated at 1 billion euros of quantum systems and technicians.
Helsing sold thousands shoot drononIt is produced in southern Germany and Ukraine. Great Britain, Germany and Swedish contracts also provided.
The company recently completed the successful trial flights of the autonomous air combat system that pilot the Saab Fighter Jet Plans plans For a fleet for the unmanned control submarine.
“Now at a point of infection … where we will go to All-Domain, AI Program and Hardware Company from a program.
Helsing, in 2021, Torsten Reil, a video game entrepreneur, Gundbert Scherf, a former German Defense Ministry official and AI researcher Niklas Köhler was established. The trio should not sell and plans to go to the public in the future instead.
Helsing partnership with the Paris-based Mistral to enter the SAAB and the AI program to the Swedish defense group systems, as well as with the Paris-based Mistral to establish decision-making opportunities. However, a partnership with the German military giant Rheinmetall, whipped last year in 2022.
The initial investment in the Preliminary investment in the EC works as a decline in 2006 and still works as a chief executive. However, he said he was not worried about another boycott’s potential danger.
“I’m sure people will criticize this and are good,” he said. “Personally, I do not worry about this. I focus on seeing that what I thought is true and I am 100 percent, this, this, this, this, this, this, this, this is the right thing in Europe.”
Additional report by Sylvia Pfeifer in Paris
