Tech Company Financing Transactions
Helsing Funding Round
Helsing, based in Munich, secured $223 million in funding from General Catalyst Partners and Saab.
Transaction Overview
Company Name
Announced On
9/15/2023
Transaction Type
Venture Equity
Amount
$222,970,000
Round
Series B
Investors
General Catalyst Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further grow its businesses in France, Germany and the UK and deepen its investments in its core technology initiatives.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
Mühldorfstraße 8a
Munich, 81671
DE
Munich, 81671
DE
Phone
Undisclosed
Website
Email Address
Overview
Our purpose is to attain technological leadership so that democratic societies are free to make sovereign decisions and control their ethical standards. Democracies are fragile. To protect them from internal and external threats is one of our most important responsibilities. We founded Helsing out of a belief that safety and deterrence is only possible if we embrace software and artificial intelligence to make our forces more effective.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gundbert Scherf
Chief Technical Officer
Robert Fink
Co-Founder
Torsten Reil
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We do our best to document funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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