🚀 Major European defense equipment manufacturer Helsing raised $223 million in Series B investment. The lead investor was venture capital firm General Catalyst, and automotive and aviation giant Saab also participated.

- Helsing develops AI technologies to protect democratic countries

- The company participates in NATO Eurofighter modernization projects and the FCAS initiative

- The rise of AI technology is driving competition among companies offering AI-based military solutions, such as Kratos Defense and Shield AI

More and more companies are looking to offer governments and militaries more effective and cost-effective military technologies based on artificial intelligence.