in his defense Ek said it's to defend Evropa which is trailing way behind the US in that regard

in his defense Ek said it's for defending Evropa which is trailing way behind the US in that regard

European defense tech startup Helsing has announced raising 600 million euros (~$690 million) in a new round of funding. The investment was led by Prima Materia, the venture capital firm founded by Spotify CEO Daniel Ek, who is also chairman of Helsing.
Helsing, which operates in the UK, Germany, and France, said it would use the new cash to invest in Europe’s “technological sovereignty,” referring to attempts to onshore the development and production of technologies such as AI.
“As Europe rapidly strengthens its defense capabilities in response to evolving geopolitical challenges, there is an urgent need for investments in advanced technologies that ensure its strategic autonomy and security readiness,” said Ek.
Founded in 2021, Helsing sells software that utilizes artificial intelligence technology to analyze large amounts of sensor and weapons system data from the battlefield to inform military decisions in real time. Last year, the startup also began manufacturing its own line of military drones, the HX-2.