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Anthropic's October IPO, Moonshot's $30B & Helsing's $1.8B Defense Round
Audio is available on Spreaker — see link below.
Anthropic is scheduling October investor meetings, making it the first major AI company poised to go public — whoever lists first sets the reference price for the entire sector. Plus: Moonshot AI's $30B Hong Kong bid, Helsing's $1.8B defensetech close, and Europe's AI capital concentration.
Audio is available on Spreaker — see link below.
Anthropic is scheduling investor meetings for an October IPO, and if that listing happens, it would make the company the first major AI firm to go public this year. That's not a rumor anymore.
Meanwhile, China's Moonshot AI is raising two billion dollars at a thirty billion dollar valuation, targeting a Hong Kong IPO in either the fourth quarter of twenty twenty-six or early twenty twenty-seven. That valuation is fifty percent higher than its May round at twenty billion.
In Europe, Helsing closed a one-point-eight billion dollar Series E at an eighteen billion dollar valuation. That's a defensetech company building AI systems for military applications, and it's now one of the most heavily capitalized private tech companies on the continent.
Europe's broader funding week came in at over two-point-seven billion euros across sixty-plus deals. AI captured one-point-six billion of that.
SAP's acquisition of Prior Labs, an AI tooling startup out of Munich, closed at over one billion euros. The company was eighteen months old.
The through-line across all of this is an IPO window that's opening faster than the market expected, and capital concentrating sharply around AI and defense while broader dealmaking stays selective. The near-term signals to track: whether Anthropic's October target holds and what valuation it prices at relative to its last private round, whether Moonshot's Hong Kong structure survives regulatory scrutiny, and whether European non-AI deal flow recovers or continues to compress.
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