Shield AI Secures $240M Funding, Reaches $5.3B Valuation

The San Diego-based defense tech startup plans to expand its AI-powered autonomous systems for military and commercial use.

Shield AI raised $240 million in funding, bringing its valuation to $5.3 billion, nearly double its previous valuation from 2023.
The funding round included major investments from L3Harris Technologies and Hanwha Aerospace, alongside existing backers like Andreessen Horowitz.
The company’s Hivemind software enables autonomous operation of drones and other vehicles, even in challenging environments without GPS or communication signals.
Shield AI aims to broaden its customer base by offering its software to robotics and other autonomous systems developers across air, land, and sea.
Founded in 2015, Shield AI has raised $1.3 billion to date and is now the second-largest defense tech startup in the U.S. by valuation, following Anduril.