AI startup Helsing raises $223 million in Series B funding for defense solutions By Cointelegraph

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AI startup Helsing raises $223 million in Series B funding for defense solutions

Published Sep 15, 2023 07:08AM ET Updated Sep 16, 2023 08:40AM ET

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AI startup Helsing raises $223 million in Series B funding for defense solutions

European artificial intelligence (AI) defense company Helsing revealed on Sept. 14 that it secured 209 million euros ($223 million) in Series B funding, with General Catalyst, a venture capital firm, taking the lead. Swedish aerospace and automotive manufacturer Saab also participated as a strategic investor.

The company emphasized its commitment to advancing AI technology for the safeguarding of democratic nations. Helsing co-founder Gundbert Scherf said in a statement:

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Melkamu Hirko Obsa Sep 16, 2023 9:03AM ET

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