2 items across 2 digests
European defense tech startup Helsing, backed by Daniel Ek, is raising $1.2 billion at an $18 billion valuation. This massive funding round reflects growing investor confidence in military drone technology and European defense capabilities amid geopolitical tensions.
Former DOGE member Ethan Shaotran launched defense tech startup Blitz Industries with backing from prominent investors. This transition from government efficiency roles to defense technology entrepreneurship reflects growing private sector interest in government modernization contracts.