Shield Ai Raises $165M At A $2.3B Valuation To Fuel Development Of Its Military Autonomous Flying Systems

Jun 09, 2022•about 3 years ago

Amount Raised

$165 Million

Description

Technology built with defense in mind is getting some significant and serious traction at the moment, spurred by world events, advances in technology, and a growing appetite from end users to invest in more innovative ways to protect themselves. In the latest development, Shield AI — which makes software and hardware for drones and other autonomous aircraft used by military and other government organizations — has raised $165 million in funding, $90 million in Series E equity and $75 million in debt.

Company Information

Company

Shield Ai

About

Shield AI is redefining what is possible for defense and commercial unmanned systems, building self-driving technology that enables intelligent teams of systems to execute complex operations without GPS, communications, or remote pilots. Put simply – we're building the world's best AIpilots. We are a mission driven company founded to protect service members and civilians with artificially intelligent systems. Shield AI is a venture-backed company built around a team of proven executives, warfighters with relevant national security experience, and world-class AI engineers. The company is headquartered in San Diego, CA with satellite offices across the United States. Shield AI's products and people are currently in the field actively supporting operations with the US Department of Defense and allies. For more information, visit www.shield.ai. Follow Shield AI on Twitter and LinkedIn

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech