White & Case with Lightspeed Venture Partners in Helsing’s US$1.8 billion series E
White & Case has advised Lightspeed Venture Partners, as co-lead investor, and General Catalyst on their participation in Helsing’s US$1.8 billion series E financing round.
The funding round included new and existing institutional investors such as 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 and Stepstone.
Helsing remains majority European-owned and will maintain its existing governance structure.
The parties
Lightspeed Venture Partners, which has backed Helsing since its Series C funding round in 2024, is a multi-stage venture capital firm focusing on the enterprise, consumer and healthcare sectors.
Helsing is a European defense technology company focused on AI and software-based solutions.
General Catalyst is a globally active investment and transformation company with venture and an investor in Helsing since its Series B funding round in 2023.
The White & Case team
The White & Case team which advised on the transaction was led by partner Norman Röchert (Berlin) and included local partner Ana Calvo (Madrid), counsel Tomasso Tosi (Milan) and associates Francesco Balestra (Milan) and Jasmin Bechtold and Anna Hankings-Evans (both Berlin).
