Helsing, Backed by Daniel Ek, Nears $1.2 Billion Funding at an $18 Billion Valuation

Helsing, a five-year-old European startup specializing in military drones, is preparing to secure a substantial funding round approaching $1.2 billion, valuing the company at $18 billion. The company has quickly emerged as a notable player in defense technology, attracting significant investor interest.