Shield AI Raises $300M in Series F
Shield AI has successfully raised $300M in a Series F at a $2.8B valuation led by Riot Ventures, Point72 Ventures, Disruptive, Homebrew, Andreessen Horachi.
Company Overview
Shield AI is a Defense Tech company headquartered in 4455 Murphy Canyon Road, San Diego, CA 92123, founded in 2015 with 550+ employees.
AI-powered defense systems
Fundraising Details
- Amount Raised: $300M
- Round Type: Series F
- Valuation: $2.8B
- Date: 2024-05-20
- Investors: Riot Ventures, Point72 Ventures, Disruptive, Homebrew, Andreessen Horachi
About Shield AI
AI-powered defense systems The company is positioned in the Defense Tech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 4455 Murphy Canyon Road, San Diego, CA 92123
- Founded: 2015
- Team Size: 550+
- Industry: Defense Tech
What This Means
This funding round demonstrates strong investor confidence in Shield AI's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Defense Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Shield AI's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $2.8B valuation marks an important milestone for Shield AI, positioning the company among notable players in the Defense Tech industry.
Looking Ahead
With this new capital, Shield AI is well-positioned to execute on its growth strategy and continue building innovative solutions in the Defense Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-05-20. For more information about Shield AI, visit their headquarters at 4455 Murphy Canyon Road, San Diego, CA 92123.
