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Venture Capital News: Shield AI Collects $165M Series E

2022-06-13
SAN DIEGO, CA, Shield AI, a defense technology company, has raised $90 million in equity and $75 million.
Shield AI, a defense technology company building AI pilots for aircraft, has raised $90 million in equity and $75 million in debt as part of a Series E fundraising round, increasing the Company's valuation to $2.3 billion.

The round was led by Snowpoint Ventures' Doug Philippone, who has also served as Palantir's Global Defense Lead since 2008, with participation from multiple top-tier venture funds including Riot Ventures, Disruptive, which led Shield AI's Series D, and Homebrew, which led Shield AI's seed round. Previous lead investors include Point72, Andreesen Horowitz, Breyer Capital, and SVB Capital.
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