Daniel Ek-backed Helsing valued at
Photo: Pressbild / Helsing/TT

Daniel Ek-backed Helsing valued at $18 billion in new funding round

The German drone manufacturer Helsing - with Spotify founder Daniel Ek as a major owner and chairman of the board - is valued at $18 billion (approximately SEK 175 billion) in a new financing round, with the American Goldman Sachs among the investors.

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The Munich-based company raised $1.8 billion in an issue of so-called E shares.

In addition to Goldman Sachs, Dragoneer Investment Group and JPMorgan Chase & Co. were among the investors, according to a statement from Helsing.

Daniel Ek's investment company Prima Materia is one of the major owners in Helsing, even after the financing round.

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