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Europe’s most valuable defense startup: The incredible Helsing story

King of drones: Gundbert Scherf, CEO of Helsing.

King of drones: Gundbert Scherf, CEO of Helsing.
picture alliance/dpa | Jens Kalaene

The Munich defense startup Helsing announced a new round of financing on Monday: the company raised 1.8 billion dollars (1.6 billion euros) in fresh capital from international venture capital investors. This brings the valuation to $18 billion. Just a year ago, the company was valued at $12 billion. How did it happen so quickly?



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