Shield AI raises $240M at a $5.3B valuation to commercialize its AI drone tech

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March 6, 2025, 8:36 PM

• •Shield AI, the San Diego defense tech startup, has raised a $240 million round at a $5.3 billion valuation.
• •The round’s investors include L3Harris, one of the U.S.’s biggest defense contractors, and Hanwha Aerospace.
• •This makes Shield AI the second-largest defense tech startup in the U.S. by valuation, after Anduril, which is raising at a $28 billion valuation.

Shield AI, a San Diego defense tech startup, has raised a $240 million round at a $5.3 billion valuation. The company's Hivemind software enables fighter jets and drones to fly autonomously.

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