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Helsing

Defense AI software and autonomous systems for military use.

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Munich-based Helsing is Europe's highest-profile defense-AI company, building software for battlefield data analysis, military decision-making and autonomous systems.

Its flagship HX-2 is an AI-guided loitering munition designed to operate in GPS-denied environments, and the company has been delivering drones to Ukraine at scale. Germany's move to award framework contracts for its systems marked a notable shift in European defense procurement.

Backed by investors including Daniel Ek's Prima Materia, it ranks among Germany's most valuable startups.

Startup details:

Country
🇩🇪 Germany
City
Munich
Founded
2021
Founders
Torsten Reil, Gundbert Scherf, Niklas Köhler
Funding stage
Series A+
Total funding
~$2.8B
Valuation
€12B
Unicorn
Yes 🦄
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Helsing: Defense AI software and autonomous systems for military use. – AI Startups Europe