Defence AI company Helsing has raised €209m in a Series B funding round led by General Catalyst. Swedish group Saab is joining the round as a strategic investor, deepening the existing partnership.

Helsing raises €209m Series B to bolster Defence AI Capabilities for Democracies (14/09/2023)

Additional reading: Financial Times, TechCrunch

After a successful launch in Sweden leading to a waitlist of close to 10,000 people, Neko Health raised €60m in their Series A to expand across Europe, with investment from leading European & US Investors.

Neko Health Raises €60m Series A (05/07/2023)

Additional reading: Bloomberg

Neko Health is a new health company developing technology for comprehensive and accessible health checkups to help people stay healthy by detecting risks and disease early. They recently launched their full body scan capturing 50 million data points on skin, health and general health in their own clinic in Stockholm

Daniel Ek’s new goal – to reform healthcare (02/02/2023)

Additional reading: Sifted

Helsing is a new type of artificial intelligence company focused on defence and security. Helsing was set up to build AI to serve our democracies and play a part in protecting them from harm. We share Helsing’s conviction that liberal democratic values are worth defending and that artificial intelligence will be an essential capability to keep us safe. The software gathers data from multiple sensors on vehicles and systems to help humans  process complex and diverse information more reliably and act quickly.

Daniel Ek’s €1bn Europe tech investment group puts first stake in Helsing (09/11/2021)

Additional reading: Handelsblatt, TechCrunch

You can hear from Daniel about the purpose of Prima Materia here:

Daniel Ek Announces €1 Billion for Ground-Breaking European Startups on The Node by Slush Stage (24/09/2020)

Additional reading: Fortune, TechCrunch

Additional listening: Twenty Minute VC