Spotify’s Daniel Ek leads €600mn investment in defence start-up Helsing
German drone maker valued at €12bn to become one of Europe’s most valuable tech groups
German drone maker valued at €12bn to become one of Europe’s most valuable tech groups

German company backed by Spotify’s Daniel Ek set to raise $1.2bn in latest funding round

Interest in AI and defence tech start-ups has boosted investor activity after a prolonged slowdown

US companies are seeking to use their technological expertise to benefit from rising defence spending in the region

Tech groups such as Quantum are winning investor support in Europe, boosting the region’s venture capital industry

Valuations soar as venture capital flows to groups tied to continent’s security and economic sovereignty

Drone start-up Delian Alliance Industries mimics vertically integrated approach taken by Tesla and Apple