“Shield AI Secures Additional $300M in Equity and Debt, Boosting Valuation to $2.8B in Massive Series F Expansion”
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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 in November, $100 million in new equity raised at the Series F price, and $200 million in debt.
Shield AI is building an “AI pilot” to turn aircraft into autonomous systems.
“AI pilots are becoming a strategic conventional deterrent in class with our aircraft carriers andguided missile submarines,” he said in a statement.
“Adopt AI pilots too slow, and we will fail.