Shield AI
Builds self-driving technology that enables swarms of unmanned systems to operate on the edge without GPS, communications, or remote pilots.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$600k | Seed | ||
$2.0m | Seed | ||
$10.5m | Series A | ||
$10.0m | Series A | ||
$25.0m | Series B | ||
$16.4m | Grant | ||
$70.0m | Series C | ||
| N/A | $20.0m | Debt | |
* | $210m Valuation: $1.3b | Series D | |
* | N/A | $70.0m | Debt |
* | $90.0m Valuation: $2.3b | Series E | |
* | $60.0m Valuation: $2.3b | Series E | |
* | $300m Valuation: $2.7b | Series F | |
* | $200m | Debt | |
* | $240m Valuation: $5.3b | Late VC | |
| Total Funding | $1.0b | ||
Related Content
Shield AI is a rapidly growing technology company specializing in artificial intelligence (AI) and autonomous systems for the defense industry. Founded with a mission to protect lives, Shield AI develops advanced AI-powered systems that enable military and defense operations to be conducted more safely and efficiently. The company is headquartered in San Diego, CA, and has recently expanded its operations with a new office and strategic acquisitions, such as Martin UAV.
Shield AI primarily serves government and defense clients, including branches of the U.S. military. The company operates in the defense technology market, which is characterized by high demand for innovative solutions that enhance operational capabilities and safety. Shield AI's products include autonomous drones and AI systems that can operate in environments where GPS and communications are denied, providing critical support in challenging scenarios.
The business model of Shield AI revolves around developing and selling these advanced AI systems and autonomous technologies to defense clients. The company generates revenue through contracts and agreements with government agencies and military organizations. Notably, Shield AI has been awarded a prime position on the multi-billion dollar EWAAC contract and has been selected for competitive phases of programs like the Air Golden Horde Vanguard Program. These contracts and programs provide a steady stream of income and validate the company's technological capabilities.
Shield AI's recent fundraising success, as highlighted in the San Diego Union Tribune, underscores the confidence investors have in its vision and potential. The company has attracted significant venture capital, contributing to its rapid growth and ability to innovate.
In summary, Shield AI is a key player in the defense technology sector, leveraging AI to create autonomous systems that enhance military operations and protect lives. Its focus on innovation, strategic acquisitions, and strong client relationships positions it for continued success in a competitive market.
Keywords: AI, autonomous systems, defense, military, drones, innovation, safety, technology, contracts, venture capital.
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Investments by Shield AI
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