Daniel Ek Leads Investment in
Photo: Joakim Ståhl / SVD / TT

Daniel Ek Leads Investment in German Defense Company Helsing

Spotify founder Daniel Ek led the investment round when the German defense company Helsing raised 6 billion kronor, writes Financial Times.

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The world is being tested in more ways than ever before. It has accelerated the timeline, says Daniel Ek to the magazine about the latest funding round for the defense company.

The defense-focused startup company Helsing now has a valuation of over 100 billion and is thus one of Europe's highest valued tech companies.

It does not appear how much Daniel Ek's own investment company has invested, but he says to the magazine that they "double the stake".

The defense company Helsing is specialized in AI solutions within the defense and the company collaborates, among other things, with Swedish Saab. Recently, Helsing's AI agent Centaur flew Saab's fighter plane Gripen for the first time.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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