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Shield AI Raises $1.5B, Valued at $12.7B

Published 23 hours ago
Description

Shield AI, a San Diego defense startup, secured $1.5 billion in Series G funding, boosting its valuation to $12.7 billion. The company, known for AI-powered drones, plans to expand its Hivemind autonomy software, V-BAT surveillance drone, and develop a new combat drone. This funding round also includes a pending acquisition of Aechalon and a $500 million deal from Blackstone. Global tensions and real-world deployments in Ukraine are driving investor interest in military tech.

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