Spotify founder Daniel Ek is spearheading a €600 million investment in the German defence tech start-up Helsing, raising its valuation to €12 billion amid increasing global military spending due to geopolitical tensions. Helsing, which is expanding from AI software to creating drones and submarines, has now raised a total of €1.37 billion and aims to go public in the future.
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Spotify’s Daniel Ek leads €600mn investment in German drone maker Helsing
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