2025-02-10
Europe boosts military AI as Mistral and Helsing form defence tech alliance
European tech leaders Helsing and Mistral have formed a pact to build new military AI systems. The partnership brings together two of Europe’s top startups. Helsing, a defence tech firm based in Germany, was valued at €5bn last year. Founded in 2021, the company develops software for weapons, vehicles, and military strategy. Its systems have been deployed in battlefield simulations, fighter jets, and drones in Ukraine. Mistral, meanwhile, is widely considered Europe’s closest competitor to OpenAI. The French startup has also become a favourite of i [...]
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2025-06-17
AI warfare push makes Helsing one of Europe’s 5 most valuable tech firms
Munich-based defence tech startup Helsing has raised €600mn as geopolitical tensions trigger a flood of capital into AI warfare. The large investment was led by Spotify CEO Daniel Ek’s VC firm Pri [...]
2025-02-20
Surging European defence stocks signal ‘huge potential’ for military tech startups
Shares in European aerospace and defence companies soared to record highs this week, elevating expectations for the continent’s military tech startups. Britain’s BAE Systems leapt by 9% on Monday, [...]
2025-05-13
Helsing’s AI submarine joins Europe’s growing ocean drone fleet
Helsing, Europe’s best-funded defence tech startup, has unveiled its latest product — an autonomous mini-submarine for underwater reconnaissance. Dubbed SG-1 Fathom, the sub is the latest additi [...]
2025-06-13
Mistral AI launches Mistral Compute to deliver private AI infrastructure for European institutions
Mistral AI has launched Mistral Compute, a new AI platform offering private infrastructure for governments, companies, and research institutions.<br /> The article Mistral AI launches Mistral Co [...]
2025-06-03
Startups need ‘clear pathway’ into UK’s new defence plan, experts warn
Britain’s new military tech strategy will fail unless startups are given clear pathways to adoption, experts have warned. Their concerns follow the government’s announcement that defence spending [...]
2025-07-18
Funding focus: Germany snaps up 90% of Europe’s record defence tech funding
Funding focus is a new series analysing cash flow into the European tech ecosystem. Last week, we looked at the largest investment rounds in fusion energy this year, and now we’re honing in on Euro [...]
2025-05-06
German dual-use drone maker becomes unicorn amid defence tech boom
German drone maker Quantum Systems has raised €160mn at a valuation north of €1bn, becoming Europe’s latest defence tech unicorn. Quantum Systems builds electric, AI-powered autonomous surve [...]
2025-04-28
ARX Robotics rides defence tech wave with €31M for battlefield robots
German defence tech startup ARX Robotics has secured €31mn to ramp up production of its autonomous battlefield robots, which look like mini tanks — minus the guns. ARX — backed by NATO’s Inn [...]