AI startup Helsing raises $223 million in Series B funding for defense solutions By Cointelegraph

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© Reuters.

European artificial intelligence (AI) defense company Helsing revealed on Thursday, Sept.14, that it secured $223 million (approximately 209 million euros) in Series B funding, with General Catalyst, a venture capital firm, taking the lead. Swedish aerospace and automotive manufacturer Saab also participated as a strategic investor.

The company emphasized its commitment to advancing AI technology for the safeguarding of democratic nations. Helsing co-founder Gundbert Scherf said in a statement: