New player on the investment market: venture capital firm Helantic wants to invest around 100 million euros in AI, robotics and autonomous systems to “leverage previously untapped innovation potential for Europe’s defense industry”.
According to a According to a report in the Handelsblatt Helantic’s focus is to be on companies from Germany and Europe, with a good 20 percent of investments to be made outside of Germany. The newspaper quotes Christoph von Falck, one of Helantic’s founders: “We like to talk ourselves down, but we have good engineers and a strong research landscape in Germany and see many successful spin-offs from universities.”
According to Handelsblatt, von Falck and his two co-founders Martin Buhl and Marian Rachow intend to focus primarily on the eraly-stage sector – in other words, on companies that are in the process of developing a new product to market maturity.
In addition to AI, robotics and autonomous systems, preferred areas of investment will also include machine learning, cybersecurity, quantum computing and aerospace technologies.
