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Spotify’s Daniel Ek just bet bigger on Helsing, Europe’s defense tech darling
Spotify's Daniel Ek just led a €600 million investment in Helsing, a four-year-old, Munich-based defense tech company that is now valued at €12 billion. The deal makes it one of Europe's most valuable privately held companies;
Spotify’s Daniel Ek leads €600mn investment in German drone maker Helsing
Spotify founder Daniel Ek is leading a €600mn investment in Helsing, valuing the German defence tech group at €12bn and making it one of Europe’s most valuable start-ups. The deal comes as the Munich-based start-up is expanding from its origins in artificial intelligence software to produce its own drones, aircraft and submarines.
The Spotify CEO, Daniel Ek, is leading a €600 million investment into a start-up company specialising in AI military software. He has also been named chairman.
Munich-based defence tech startup Helsing has raised €600mn as geopolitical tensions trigger a flood of capital into AI ...
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