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Helsing raises $1.8 billion in funding round at $18 billion valuation

The company said investor demand exceeded the amount it planned to allocate in the round, allowing it to raise $1.8 billion.

Reported · Written up by our desk · Europe

Helsing, an Europe-based defense and technology firm, raised $1.8 billion in a new funding round that valued the company at $18 billion, CNBC World reported.

In its statement, Helsing said investor demand significantly exceeded the available allocation for the round.

The fundraising comes as the company attracts capital at a valuation that places it among heavily funded private players in its sector, according to CNBC World.

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