AI startup Helsing raises $223 million in Collection B funding for protection options By Cointelegraph

© Reuters.

European synthetic intelligence (AI) protection firm Helsing revealed on Thursday, Sept.14, that it secured $223 million (roughly 209 million euros) in Collection B funding, with Basic Catalyst, a enterprise capital agency, taking the lead. Swedish aerospace and automotive producer Saab additionally participated as a strategic investor.

The corporate emphasised its dedication to advancing AI know-how for the safeguarding of democratic nations. Helsing co-founder Gundbert Scherf stated in a press release: