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Spotify CEO Daniel Ek Invests €600M in Helsing, Europe’s Rising Defense Tech Star

Maria LourdesMaria Lourdes10h ago

Spotify CEO Daniel Ek Invests €600M in Helsing, Europe’s Rising Defense Tech Star

In a groundbreaking move, Spotify CEO Daniel Ek has led a massive €600 million investment in Helsing, a Munich-based defense technology company. Announced on June 16, 2025, this funding round has catapulted the four-year-old startup to a valuation of €12 billion, positioning it as one of Europe’s most valuable privately held companies.

Helsing specializes in AI-driven defense solutions, focusing on advanced technologies for military applications. The company’s innovative approach includes battlefield AI, drones, and autonomous systems, reflecting Europe’s urgent push to bolster its military tech capabilities amid rising geopolitical tensions.

Ek’s investment, made through his investment vehicle Prima Materia, underscores a significant pivot from music streaming to defense tech. This strategic bet highlights his confidence in Helsing’s potential to reshape the defense sector with cutting-edge innovation.

The funding round comes at a critical time as Europe seeks to reduce reliance on foreign military technology and build its own robust defense infrastructure. Helsing’s rapid growth and high valuation signal strong investor trust in its mission to address modern security challenges with AI-powered solutions.

Industry experts view this investment as a landmark moment for European tech startups, blending innovation with national security interests. It also raises questions about the intersection of tech entrepreneurship and defense, with Ek’s involvement drawing global attention to Helsing’s future trajectory.

As Helsing continues to expand, this infusion of capital is expected to accelerate its research and development, potentially positioning Europe as a leader in next-generation defense technology. The partnership between Ek and Helsing could redefine how tech moguls influence sectors beyond their traditional domains.

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