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

European defense startup Helsing has secured $1.8 billion in funding, reaching a valuation of $18 billion.

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The brief

Helsing, a drone startup and rival to Anduril, has raised $1.8 billion. This latest funding round values the defense group at $18 billion.

Coverage from Bloomberg, Reuters, and CNBC emphasizes the scale of the raise and the involvement of Goldman backing. Startup Fortune and Briefs Finance highlight an equity reshuffle where the company swapped employee stock for phantom shares prior to the raise.

Future focus remains on the speed of Europe's defense boom and the implications of Helsing's internal equity adjustments.

Synthesized by Archynetys 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.

What is Helsing's current valuation?

The company is valued at $18 billion.

Who provided backing for the raise?

According to Bloomberg, the raise included Goldman backing.

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