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Daniel Ek, Spotify CEO and drone warfare profiteer.
Ek’s investment company Prima Materia dumped its first €100 million in Helsing, the German defense tech group with roots in AI software, back in 2021. Now it’s leading a €600 million round to capitalize on the shift to drone warfare. Per the Financial Times:
“The world is being tested in more ways than ever before. That has sped up the timeline” for Helsing’s financing, Ek said, pointing in particular to the conflict between Russia and Ukraine, where drones and other AI-powered systems have been deployed at scale for the first time. “There’s an enormous realisation that it’s really now AI, mass and autonomy that is driving the new battlefield.”
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