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HELSING
Helsing
Defence technology · Munich, Germany · Germany · Founded · 2021 · ≈ · 900 · employees

Helsing — Valuation, Funding & Investors

Private

Founded in 2021, Helsing operates in defence technology. Investors last valued the company at $18B (post-money). The stock is not listed on any public market.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Helsing at a glance
Last valuation
$18B
POST-MONEY · JUL 2026
Raised across rounds
$3.6B
6 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
SPCX—
SPCX-PERP · live
Valuation history

Helsing valuation history

4 valuations. The latest, $18B post-money, was set by the Series E in Jul 2026.

$18B
Jul 2024
$5B
Series C · post-money
Jun 2025
$12B
Series D · post-money
+140% vs prior valuation
Jul 2026
$18B
Series E · post-money
+50% vs prior valuation
Jul 2026
$18BLATEST
Series E · post-money
+0% vs prior valuation
Latest valuation
$18Bpost-money
Set by the Series E · 13 Jul 2026
×3.6since the $5B Series C in Jul 2024
Valuations
4
Priced rounds with a valuation
Event type
Primary round
The Series E · $1.8B raised
Funding history

Helsing funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Seed
Nov 2021
—
—
Prima Materia (Daniel Ek)
—
Series B
Sep 2023
—
—
General Catalyst
—
Series C
Jul 2024
—
$5B
General Catalyst
—
Series D
Jun 2025
—
$12B
Prima Materia (Daniel Ek)
+140.0%
Series E
Jul 2026
$1.8B
$18B
JPMorgan Chase, Lightspeed Venture Partners, Iconiq
+50.0%
Series E
Jul 2026
$1.8B
$18B
Dragoneer Investment Group, Lightspeed Venture Partners
+0.0%
Helsing · investors

Investors

Dragoneer Investment GroupLEADLightspeed Venture PartnersLEADJPMorgan ChaseLEADIIconiqLEADPPrima MateriaLEADGeneral CatalystLEADSSaabAccel
Will Helsing IPO?
Founded
2021
Nov 2021
Seed
Jul 2026
Series E · $18B
IPO
Not announced
No filing has been made.
Helsing — the private market
Last valuation$18B · post-money · Jul 2026
Total raised$3.6B
Lead investors
Dragoneer Investment GroupLightspeed Venture PartnersJPMorgan ChaseIconiq
IPO statusNot announced
Founded · HQ2021 · Munich, Germany · Germany
Employees≈ 900
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Helsing

Helsing designs AI software and hardware for European defence, building strike drones such as the HF-1 and HX-2, underwater surveillance systems, and AI that analyses sensor and weapons data to support battlefield decisions. It has integrated its software into the Eurofighter Typhoon EK and the Saab JAS 39 Gripen, agreed to acquire German aircraft manufacturer Grob Aircraft, and pledges to sell only to democratic governments.

Torsten Reil, Gundbert Scherf and Niklas Köhler founded Helsing in Munich in March 2021, and the company has since opened subsidiaries in Estonia, France and the United Kingdom. In 2025 its AI agent Centaur was tested piloting a Gripen E fighter jet in a real-world dogfight trial against a human-operated Gripen D.

The money screen · ranked by accessibility

How to get Helsing exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Helsing.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Helsing availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Helsing included.

No account needed

Helsing stock — frequently asked questions

Who has invested in Helsing?›

Lead investors for each round are in the funding timeline.

Who are Helsing's competitors?›

The closest defence technology peers are on the competitors page.

How can I get exposure to Helsing?›

The routes section explains what is realistically available for a company at this stage.

Is Helsing publicly traded?›

No. Helsing is a private company; its shares do not trade on a public exchange.

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