HISTORICAL P100 / #61

Helsing

Defense Tech · Germany

Historical ranking valuation$5.40BSource snapshot: Jun 19, 2026

Disclosed primary funding in this record

$1.8B

Sum of non-overlapping disclosed USD amounts in confirmed primary financing entries in this record, including separately labeled equity components; not verified lifetime funding. Excludes amounts already included in a later round, announced, reported, database-only, debt, secondary and unclassified events.

1 confirmed primary rounds with disclosed USD amounts · Record through 2026-09-25

THE BUSINESS

Get to know Helsing.

Helsing develops AI-enabled autonomous defense systems and software intended to connect new and existing military hardware. Its own product overview spans aircraft, strike drones, underwater systems and electronic-warfare tools.

Helsing product overview ↗Source checked Sep 24, 2026

Valuation history

Valuations reported at the time of each round.

Jul 13, 2026$18.0BSeries E · ConfirmedSource ↗

Funding history

Funding rounds, debt and other financing events.

5sourced events · record as of 2026-09-25

Helsing's July 2026 $1.8B Series E superseded May reports of a proposed $1.2B round; those are not two completed financings. Its €450M Series C and €600M Series D releases expressly stated government-approval conditions, with no separate completion notice inspected. Their EUR amounts are not converted into an invented exact USD total. Series B and the retrospective Series A amount are issuer-disclosed, but their exact close days and complete legal register remain unavailable.

Jul 13, 2026LATEST SOURCED

primary

Series E

Dragoneer Investment Group · Lightspeed Venture Partners · Disruptive · Iconiq · Growth Equity at Goldman Sachs Alternatives · JPMorganChase · Canada Pension Plan Investment Board · General Catalyst · +2 more

July 13 is Helsing's announcement date, not an independently established funding-close day. The issuer names round participants but does not allocate individual leads. The earlier reported $1.2B target is not additional capital.

Amount$1.8BValuation$18.0B

Jun 17, 202504

primary

Series D

Prima Materia (lead) · Lightspeed Ventures · Accel · Plural · General Catalyst · Saab · BDT & MSD Partners

Issuer announcement named these round participants but said the financing remained subject to certain approvals. No separate closing/approval notice or exact USD conversion was inspected.

Amount€600MValuationUndisclosed

Jul 11, 202403

primary

Series C

General Catalyst (lead) · Elad Gil · Accel · Saab · Lightspeed · Plural · Greenoaks

Helsing announced a €450M Series C subject to government approval; this release does not establish the later approval or closing day.

Amount€450MValuationUndisclosed

Sep 14, 202302

primary

Series B

General Catalyst (lead) · Saab

Helsing identifies General Catalyst as lead and Saab as a new strategic round investor. September 14 is the announcement date; no exact settlement day or full syndicate allocation is asserted.

Amount€209MValuationUndisclosed

202101

primary

Series A

Prima Materia (lead)

Helsing retrospectively identifies a prior €102.5M Series A led by Prima Materia. This source does not establish an exact 2021 closing day or full participant list.

Amount€102.5MValuationUndisclosed