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Shield AI raises $240M at a $5.3B valuation to commercialize its AI drone tech
Shield AI is now one of the U.S.'s biggest defense tech startups by valuation, raising $240 million at a $5.3 billion valuation in its latest round.
Shield AI, the San Diego defense tech startup that builds drones and other AI-powered military systems, has raised a $240 million round at a $5.3 billion valuation, it announced today. Shield AI says its Hivemind software already enables fighter jets and drones to fly autonomously. Now, Shield AI wants to sell Hivemind to a broader range of customers like robotics companies.
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