Helsing, a German defence AI startup, secured €600 million in Series D funding led by Spotify founder Daniel Ek's Prima Materia, valuing the company at €12 billion. Founded four years ago, Helsing has expanded from AI-driven defence software to autonomous drone production and underwater surveillance systems. The investment will boost manufacturing capacity, with plans to produce 6,000 additional drones for Ukraine this year. Helsing has formed strategic partnerships with companies like Mistral and works with several European governments. The funding reflects growing investor interest in European defence technologies amid geopolitical instability, with Helsing positioned as a leader in AI-driven military innovation for democratic nations.