Shield AI, a fast-growing defense technology company developing AI and self-driving technologies for aircraft, today announced it has raised $210M in equity financing as part of a Series D fundraising round, increasing its valuation past the billion-dollar mark. The management team projects an additional $75M in debt and $15M in equity to be secured in the coming weeks, bringing the total Series D proceeds to $300M.

The round was led by Disruptive, an Austin, TX based late-stage technology investor headed by Alex Davis; with participation from multiple top tier venture funds, including Point72 Ventures, which led Shield AI's Series C. The Series D investors join a cadre of distinguished venture capital firms which led prior rounds including Breyer Capital and Andreessen Horowitz.

Shield AI is a venture-backed company built around a team of proven executives, warfighters with relevant national security experience, and world-class AI engineers. The company is headquartered in San Diego, CA with satellite offices across the United States. Shield AI's products and people are currently in the field actively supporting operations with the US Department of Defense and allies.