Defense tech startup Shield AI has expanded its latest funding round with another $300 million in equity and debt, bringing its total Series F to $500 million, TechCrunch has exclusively learned. This total amount reflects $200 million in equity closed…
Shield AI, a tech start-up, already has a drone run by artificial intelligence being used by the Israeli military. But persuading the Pentagon to embrace the technology remains a big challenge.
Defense tech startups raised sizable rounds in 2023, which shows VCs are interested in the sector despite market conditions. © 2023 TechCrunch. All rights reserved. For personal use only.
Shield AI has raised $200 million in new funding as it looks to scale its autonomous flying systems for the U.S. military and its allies. The startup, which was founded in 2015, is now valued at $2.7 billion. This latest round was led by U.S. Innovatio…
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