German ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/defence-start-up” target=”_blank”>defence start-up Helsing has raised 600 million euros ($693.30 million) in its latest investment round, lead by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/spotify” target=”_blank”>Spotify founder ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/daniel-ek” target=”_blank”>Daniel Ek, the firm said on Tuesday.
The latest investment round has raised Helsing’s value to $12 billion, the Financial Times reported on Tuesday, citing people familiar with the matter.
This positions the start-up among the top five private tech companies in Europe, the FT added.
The investment round was lead by Prima Materia, an investment company founded by Ek and Spotify investor Shakil Khan, which doubled its…
