Tuesday, 17 June, 2025

Spotify’s Daniel Ek Invests €600M in Helsing, Europe’s AI-Powered Defense Rising Star

Spotify founder Daniel Ek, via investment firm Prima Materia, led a €600 million funding round in Munich-based defense tech startup Helsing, doubling down on its growth. Valued at €12 billion, Helsing expands beyond AI software into drones, aircraft, and autonomous submarines. It has powered thousands of strike drones for Ukraine and secured deals with the UK, Germany, and Sweden. Ek underscores AI and autonomy as the future of modern warfare.