DeeperML

Defense technology startup Shield AI has secured $240 million in a Series F-1 strategic funding round, pushing its valuation to $5.3 billion. The funding round saw significant investment from strategic investors L3Harris and Hanwha Aerospace, alongside existing investors such as Andreessen Horowitz, U.S. Innovative Technology, and Washington Harbour. This latest investment brings Shield AI's total outside funding to $1.3 billion.

The funds will be used to scale Hivemind Enterprise, Shield AI's AI-powered autonomy developer platform, which enables fighter jets and drones to fly autonomously. Hivemind Enterprise is designed to empower the robotics and drone industrial base to rapidly develop and deploy resilient, high-performance autonomy for intelligent machines across various industries. The platform includes an integrated autonomy factory, industrial-grade middleware, a rich autonomy catalog, and seamless mission control.

ImgSrc: d15shllkswkct0.

References :

• AiThority: Shield AI raises $240M at $5.3B valuation to scale Hivemind Enterprise, an AI-powered autonomy developer platform
• SiliconANGLE: Defense technology startup Shield AI valued at $5.3B in $240M funding round
• Verdict: Defence startup Shield AI raises $240m at $5.3bn valuation
• Crunchbase News: Just a day after anti-drone tech startup Epirus raised a $250 million Series D, defense and aerospace startup Shield AI locked up a $240 million F-1 strategic funding round at a $5.3 billion valuation.

Classification:

• HashTags: #AIAutonomy #DefenseTech #Funding
• Company: Shield AI
• Target: Defense Sector
• Product: Hivemind Enterprise
• Feature: AI-powered autonomy
• Type: AI
• Severity: Informative