Artificial intelligence is rewriting the rulebook in nearly every industry. Defense is no exception. One of the most closely watched companies in this field is Helsing, a Munich- and Berlin-based AI defense startup that has quickly risen to “unicorn” status.
Backed by some of Europe’s most influential investors (including Spotify co-founder Daniel Ek), Helsing has become one of the leading players in AI-powered military technology.
But unlike companies such as Palantir, Helsing is not publicly traded. That means you won’t find a Helsing stock ticker on the NYSE or Nasdaq, and you can’t type “Helsing stock price” into your brokerage app.
Still, investors curious about the future of defense AI often ask: can you buy Helsing stock? The answer is yes, but only under very specific conditions.
Key highlights:
- Helsing is not publicly traded: There is no Helsing stock ticker or public stock price.
- Daniel Ek is a major backer: The Spotify CEO led Helsing’s €600M Series D round and now serves as Chairman.
- You can only invest privately: Accredited investors may access Helsing stock via secondary marketplaces like EquityZen or Forge—if shares are available.
- Valuation stands at ~$14 billion: Based on its 2025 Series D funding round.
- Risks are high: Illiquidity, limited information, and geopolitical sensitivity all apply to Helsing AI stock.
In this guide, I’ll break down exactly what Helsing is, Daniel Ek’s role in its rise, why there’s no public Helsing stock ticker, and how accredited investors might gain exposure through private markets.
I’ll also cover the risks and limitations of investing in a company like Helsing, and briefly compare it to other defense tech firms.
What is Helsing?
Helsing AI was founded in 2021 with a stated mission to build AI-powered defense systems that give democracies a technological edge on the battlefield.
The company focuses on software-driven capabilities such as:
- Autonomous drone navigation
- Sensor fusion (combining data from multiple sources for real-time battlefield awareness)
- AI-assisted decision-making tools for commanders
- Electronic warfare systems
Helsing is building the “brains” of modern defense, not just the hardware. The company has already secured defense contracts with European governments, and its rapid rise has made it one of Europe’s most valuable defense startups.
Daniel Ek and Helsing: Why the Spotify CEO invested
A big reason Helsing is a hot topic is the involvement of Daniel Ek, the billionaire co-founder and CEO of Spotify.
In mid-2025, Helsing raised a massive €600 (around $704) million Series D funding round, which doubled its valuation to roughly $14 billion.
The round was led by Prima Materia, Ek’s investment vehicle.
Ek’s decision was driven by a belief that democratic nations need cutting-edge defense tools to remain secure. In fact, Ek went further than just writing a check. He became Chairman of Helsing’s board.
That level of involvement signals a long-term bet on Helsing’s potential to become Europe’s answer to U.S. giants like Palantir or Anduril.
For investors, this connection matters because searches like “Daniel Ek Helsing” often appear alongside queries about “how to buy Helsing stock.” His backing has brought Helsing global attention and made the growth story more credible.
Is Helsing publicly traded?
Here’s the straightforward answer: No, Helsing is not a publicly traded company.
- No Helsing stock ticker: Helsing doesn’t trade on any major exchange.
- No public Helsing stock price: Unlike companies like Lockheed Martin or Palantir, Helsing doesn’t publish a stock price. The only valuation data available comes from private funding rounds, the latest being the 2025 Series D that valued it at $14 billion.
So, if you’re wondering if you can buy Helsing AI stock, the short answer is not on Robinhood, Fidelity, or any non-alternative investment platform.
How to buy Helsing stock (if you qualify)
While retail investors can’t simply buy Helsing shares on the open market, accredited investors have a possible path through private secondary marketplaces.
1. Accredited investor status
To access Helsing stock, you need to meet the legal definition of an accredited investor. This usually means:
- Earning at least $200,000 annually (or $300,000 jointly with a spouse), OR
- Having a net worth of over $1 million (excluding your primary home).
This requirement exists because private equity investments are considered higher risk and less liquid than public stocks.
2. Private secondary platforms
Platforms like EquityZen and Forge provide access to private shares, similar to how investors approach pre-IPO opportunities such as xAI before they consider a listing.
The process usually looks like this:
- Register on the platform and submit documents proving accredited investor status.
- Browse listings: Helsing shares may or may not be available. It really depends on whether a shareholder is offering them.
- Place a bid or commit to a fund: Sometimes you buy into a pooled fund rather than purchasing shares directly.
- Wait for seller approval and closing: Transactions can take weeks or months, and aren’t guaranteed.
I should note: there’s no guarantee Helsing shares will be available at any given time. Unlike public markets, liquidity depends on sellers coming forward.
Helsing stock price and valuation
Investors often compare Helsing’s $14B valuation to more speculative AI penny stock plays that trade under $10, though the risk profiles are very different.
Since Helsing is private, there’s no real-time Helsing stock price. Instead, investors rely on valuations from funding rounds and private-market estimates.
- Series D (2025): Helsing raised €600 million, more than doubling its valuation to about $14 billion.
- Series C (2023): Prior to the Daniel Ek-led round, Helsing was valued around $5–6 billion.
If shares become available on platforms like EquityZen, the implied Helsing stock price is based on the company’s most recent valuation.
For example, with a $14 billion valuation, if there are 140 million shares outstanding, the implied price would be about $100 per share. However, exact numbers vary and are rarely disclosed publicly.
Risks and limitations of investing in Helsing stock
Buying into Helsing (or any private defense startup, really) comes with several key risks:
- Illiquidity: You may not be able to resell your shares until Helsing has an IPO or acquisition.
- Limited information: Unlike public companies, private firms don’t release quarterly reports or financial statements.
- Valuation uncertainty: Private market valuations can change quickly, especially in hot sectors like AI.
- Geopolitical sensitivity: Defense companies operate in politically sensitive areas; contracts depend heavily on government budgets and alliances.
- High entry barriers: Most retail investors won’t qualify as accredited investors, limiting access.
In other words, while Helsing might be one of Europe’s most exciting AI companies, investing comes with a lot of uncertainty.
Helsing compared to other AI defense startups
While Helsing is Europe’s flagship AI defense unicorn, it’s not the only company in the space.
- Anduril (U.S.): Founded by Oculus creator Palmer Luckey, Anduril develops drones, surveillance systems, and battlefield AI. It was valued at about $30.5 billion in 2025, making it one of the largest defense startups globally.
- Shield AI (U.S.): Specializes in autonomous drones and has won multiple contracts with the U.S. Department of Defense.
- Quantum Systems (Germany): Another European unicorn focused on drones, recently valued in the billions.
Helsing sits at the intersection of Europe’s defense push and the global AI arms race. But while investors can buy into U.S. firms like Palantir (publicly traded), Helsing remains locked behind private-market gates.
The bottom line
Helsing represents a frankly fascinating mix of AI, defense, and venture capital ambition. It’s not every day that a company goes from launch to unicorn status in just a few years, with backing from one of Europe’s most famous tech CEOs.
That said, most investors asking how to buy Helsing stock, the reality is that access is limited. Unless you’re an accredited investor with access to platforms like EquityZen, you’ll likely need to wait until Helsing considers a public listing.
In the meantime, Helsing stands as a reminder of two truths: defense AI is shaping up to be one of the defining industries of the 2020s, and the most promising players aren’t always available to the public markets just yet.
FAQ
Is Helsing a publicly traded company?
No. Helsing is a private company with no stock ticker or public share price. Shares are only available through private secondary markets when existing shareholders decide to sell.
What’s the best AI stock to buy?
That depends on your investment goals. Publicly traded AI leaders include companies like Nvidia, Palantir, and Alphabet, which all have strong exposure to AI. Helsing is not yet accessible on public markets.
Can I invest in Helsing?
Yes, but only if you’re an accredited investor. Access comes through private platforms like EquityZen or Forge, and availability depends on whether existing shareholders choose to sell.
Who owns Helsing?
Helsing is privately owned. Major shareholders include its founders, venture capital firms like Accel and Lightspeed, and Daniel Ek’s investment company, Prima Materia, which led the 2025 funding round.
How big is the Helsing company?
Helsing is a fast-growing defense AI startup with offices in Germany and the UK. Following its 2025 funding round, it was valued at about $14 billion, making it one of Europe’s largest defense technology unicorns.
Can you buy Helsing stock?
Not on public markets. Helsing has no stock ticker. Only accredited investors can buy shares through private secondary platforms like EquityZen or Forge. Availability depends on whether existing shareholders choose to sell.
Did the Spotify CEO invest in Helsing?
Yes. Spotify co-founder Daniel Ek led Helsing’s €600 million Series D round in 2025 through his investment firm, Prima Materia. He also became Chairman of the company’s board after the investment.
Source: https://coincodex.com/article/73990/how-to-buy-helsing-stock/