Shield AI a fast-growing defense technology company developing AI and self-driving technologies for aircraft, announced it has raised $210 Million.
The round was led by Disruptive, with participation from multiple top-tier venture funds, including existing investor Point72 Ventures which led the Series C round. The Series D investors join a cadre of distinguished venture capital firms which led prior rounds including Breyer Capital and Andreessen Horowitz.
Shield AI enable to accelerate their plans for growth across the defense and commercial industries.
Company: Shield AI, Inc.
Raised: $210.0M
Round: Series D
Funding Month: August 2021
Lead Investors: Disruptive
Additional Investors: Point72 Ventures, Breyer Capital, and Andreessen Horowitz
Company Website: http://www.shield.ai/
Software Category: Defense technology>AI
About the Company: 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.
Source: https://www.prnewswire.com/news-releases/shield-ai-raises-210-million-series-d-round-301362056.html