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Helsing raises 209 million euros for defence AI, led by General Catalyst

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German defence AI company Helsing announced a 209 million euro Series B round on 14 September 2023, led by General Catalyst with Saab joining as a strategic investor. Founded by Torsten Reil and Gundbert Scherf, it said the money would grow its businesses in Germany, France and the UK, and that it had worked in Ukraine since 2022.

Why it matters

Helsing’s round put General Catalyst and Saab money behind a European defence AI company working in Ukraine, and the company raised a 450 million euro Series C ten months later.

When
14 Sep 2023
ID
WTA-N-2023-0090
Who
Helsing, General Catalyst, Saab; Torsten Reil, Gundbert Scherf

Summary by wheresthe.ai, from Helsing and the reporting credited above. Checked against the source on 9 Oct 2026.

Source copy: download the page text as saved on 18 Oct 2026 (PDF). Also held by the Internet Archive.

Next stop on this Storyline: Led toDefence AI firm Helsing raises EUR 450m led by General Catalyst

Cite this story

WTA-N-2023-0090: “Helsing raises 209 million euros for defence AI, led by General Catalyst.” wheresthe.ai, 14 Sep 2023. https://wheresthe.ai/d/de-helsing-series-b-209m-2023-09/ (source: Helsing).

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