BERLIN– July 16, 2026 – Global law firm Greenberg Traurig advised an institutional investor in connection with its participation in Munich-based defense technology company Helsing SE’s Series E financing round.
The $1.8 billion round values Helsing at $18 billion and represents the largest venture capital transaction ever completed in Germany. With this financing, Helsing becomes the most valuable startup in Germany, a “decacorn” (a startup valued at $10 billion or more) at the forefront of Europe's defense technology sector. The round drew strong demand from international and existing investors, including Dragoneer Investment Group, Lightspeed Venture Partners, Disruptive, Iconiq, Growth Equity at Goldman Sachs Alternatives, JPMorgan Chase, Canada Pension Plan Investment Board (CPP Investments), General Catalyst, Plural, and StepStone, with interest significantly exceeding the available allocation.
Founded in Munich in 2021, Helsing has become Europe's leading defense-AI company, with a software-defined portfolio spanning autonomous drones, battlefield-intelligence platforms, and uncrewed combat aircraft.
Greenberg Traurig advised the investor across all legal aspects of the transaction, including due diligence, transaction documentation, and the associated authorization processes.
Background:
After Greenberg Traurig’s recent work on financing rounds for Atmos Space Cargo, Tytan Technologies, and Isar Aerospace, advising on Helsing’s Series E round marks the next major milestone for the firm’s Venture Capital & Emerging Technology Practice in Germany, highlighting its strong track record in the defense and space technology sectors.