YPOG has provided comprehensive legal advice to Helsing on its Series E financing round with a total volume of USD 1.8 billion. Helsing is now valued at USD 18 billion. The financing follows several previous funding rounds in which YPOG also supported the company. .
New and existing investors are participating in the round, 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, Stepstone, Prima Materia, Accel and Greenoaks.
Helsing develops AI-based capabilities for the defence sector and builds technologies to protect democratic societies. The company combines software, autonomous systems and AI applications to strengthen European technological sovereignty and defence capabilities.
With the new capital, Helsing intends to further expand its technological capabilities across all domains and scale its development. The financing is expected to help the company advance its platform, products and industrial capacities and to cement its role as a European defence technology company.
“YPOG has been advising Helsing since its first financing round in November 2021 and has continuously supported the company in all subsequent capital measures. It is impressive to see how consistently Helsing is strengthening its strategic position and driving its technological development,” says Dr Benjamin Ullrich, Partner at YPOG.
“We are pleased to have supported Helsing once again in the country’s largest financing round, which is a landmark not only in Germany. The Series E round underlines the relevance of technological innovation for European security and defence,” adds Dr Johannes Janning, Partner at YPOG.
Team
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Dr. Johannes Janning (Co-Lead, Transactions), Partner, Köln
Dr. Matthias Schatz (Corporate), Partner, Köln
Paul Harenberg (Transactions), Associate, Köln
Benjamin von Mangoldt (Transactions), Senior Associate, Berlin
Dr. Christoph Lüttenberg (Corporate), Associated Partner, Köln
Dr. Oliver Junk (Transactions), Associated Partner, Köln
Dr. Emma Peters (Transactions), Associated Partner, Berlin
Silke Ricken (Corporate), Associate, Berlin
Ferdinand Bordes (Corporate), Associate, Köln
Danêl Buchholz (Corporate), Associate, Köln
Richard Appfel (Corporate), Associate, Berlin
Marthe Oesterreicher (Legal Operations), Senior Project Lawyer, Berlin
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About us
YPOG stands for You + Partners of Gamechangers – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 180 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Cologne, Hamburg, Munich and London.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog