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Daniel Ek backed Helsing eyes $1.2B raise at $18B valuation for military drones

Technology
Published on 12 May 2026
Daniel Ek backed Helsing eyes $1.2B raise at $18B valuation for military drones

Only five years old and already chasing a mega round

A five-year-old European military drone startup, Helsing, backed by Daniel Ek, is reportedly close to raising $1.2 billion at an $18 billion valuation. The latest funding push highlights how quickly defense tech is attracting mega-investment interest, even as the company remains relatively young and focused on drones for military use.

  • Helsing, a five-year-old military drone startup, is nearing a $1.2B fundraise
  • The round reportedly values the company at $18B
  • Daniel Ek backing underscores growing investor interest in defense tech
  • The pitch centers on scaling military drone capabilities
Read the full story at TechCrunch

This summarization was done by Beige for a story published on TechCrunchTechCrunch

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