Latham Advises Dragoneer on Helsing’s US$1.8 Billion Series E, Valuing the Company at US$18 Billion in One of the Largest Defense Tech Investments Globally

Helsing, Europe’s leading defense AI company, has announced it has raised US$1.8 billion in a Series E, valuing the company at US$18 billion. New and existing investors participated in the round, including Dragoneer Investment Group, Lightspeed Venture Partners, Disruptive, Iconiq, Growth Equity at Goldman Sachs Alternatives, JPMorganChase, Canada Pension Plan Investment Board (CPP Investments), General Catalyst, Plural, and StepStone.

Latham & Watkins LLP represented Dragoneer Investment Group in the transaction with a cross‑border deal team led by partners Haim Zaltzman, Alex Kassai, Heiko Gotsche, and Chad Rolston, with associates Jaschar Mirkhani, Rachelle Polsky, Danielle Kim, and Jan Gocha. Advice was also provided on antitrust matters by partners Jana Dammann de Chapto and Peter Todaro; on tax matters by partner Katharine Moir, with associate Gregory Conyers; on intellectual property matters by partner Pelin Serpin; on environmental matters by partner Cesare Milani, with associate Edoardo Cassinelli; on regulatory matters by counsel Zachary Eddington, with associate Amulya Vadapalli; and on labor and employment matters by counsel Romain Nairi.