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The Spotify Founder Command Company company leading a € 600mg investment in Helsing, which values the German Defense Tech Group at € 12bn and made it one of the most precious beginning of Europe.
Deal comes while the start of Munich based starting from its entries with artificial intelligence software to produce self-drone, plane and submarine.
Helsing benefits from a Investment flow In defense groups, as a highly charged geopolitical surround spurs in the worlds in the world to increase military expenditure and the Ukrainian battle prompts technology.
Prima Maeria, the investment company built in EK and early Spotify Investor Shakil Khan in 2020, made the first important investment To Helsing in 2021, months before Russia’s full invasion of Ukraine.
Today Prima Meria “doubles”, says EK in ft. It leads the latest start investment along with the existing bracelets including the Sweden Defense Group ofAB and Acrure Capitalists Lightspeed Challys, Accure Capitalists Lightspeed Challys, Accure Capitalists Goursspeedpedpeed challys, Accure Capitalists lightspeed challys, accure capitalist
The agreement brings the total capital of it raised at € 1.37bn.
“The world is tested in many ways than before. That is running the timeline” for the Helsing financing between Russia and other AI and other AI systems and other AI systems
“There is a great awareness that it is now AI, Mass and Autonomy who drives a new battlefield,” said Ek. “We cannot do implications for this conflict (in Ukraine) or the true conflict expecting.”
The four-year-old that Hels valuing has more than doubling since it estimated € 450mm for no one year ago. The most recent investment, made by a combination of traditional equity and other finance, appreciated the company around people familiar with this matter.
The number ranged in love with five most precious private private companies in Europe. The company refuses to comment on valuing it.
Deal comes after the start of California-Based censor Recently raised $ 2.5bn in a $ 30.5bn valuation. Dragon manufacturing systems in Europe and the teckever are equally valued above € 1bn last month.
Helsing thousands sold Drudes on strikemade at its own southern German facility, in Ukraine. It also secures contracts in the UK, Germany and Sweden.
The company recently completed successful flights of testing the Awtonomous air warfare system, which selects a vehicle fighter in Saab, and opens plan for a crowd of unpaid surveillance submarines.
“We are now at a point in inflection.
Helsing was built by 2021 in Torsen Reil, a businessman Gumnbert Scherf, a former German Defense Ministry official, and Niklas Köhler, an AI researcher. Trio promises not to sell the company and instead plan to go public in the future.
Helsing hits the SAAB collaboration to include AI software in Sweden defense systems that strengthen the capabilities to decide on poris. However, a collaboration with the German Military Tachiant Rheinmetall, announced in 2022, dug last year.
The initial investment in the Helsing invades a backlash against Spotify, the digital music service he has constructed in 2006 and still running the chief executive. But he said he was not worried about the potential threat of another boycott.
“I’m sure people criticize it and that’s okay,” said Ek. “In person, I’m not worried about it. I’m more focused on doing what I think is right and I’m 100 percent convinced that this is the right thing for Europe.”
Additional Report by Sylvia Pfeifer in Paris
