Shield AI raises $240M at $5.3B valuation to scale Hivemind Enterprise, an AI-powered autonomy developer platform
- Editor
- Mar 6
- 2 min read
Whats Happening:
Shield AI, a deep-tech company specializing in autonomy software and defense aircraft, has raised $240 million in a strategic F-1 funding round. This investment values the company at $5.3 billion and will be used to expand the deployment of Hivemind Enterprise, their AI-powered autonomy developer platform, to OEMs, governments, and companies in the robotics and drone industry.
Key Moves:
Shield AI secures $240 million in F-1 strategic funding round
Company valuation reaches $5.3 billion
Funds to expand deployment of Hivemind Enterprise platform
By The Numbers:
$240 million raised in F-1 strategic funding round
$5.3 billion company valuation
Hivemind Enterprise aims to enable millions of autonomous systems in the next ten years
Key Quotes:
"Hivemind Enterprise is about supercharging the industrial base to build and monetize autonomy, enabling a world of millions of autonomous systems in the next ten years." - Nathan Michael, Shield AI's Chief Technology Officer
"The same tools that make up Hivemind Enterprise have already enabled Shield AI to autonomously fly F-16s, MQ-20s, MQM-178s, operate V-BATs in GPS- and communications-denied environments, and have quadcopters explore buildings and tunnels for U.S. and Israeli forces." - Brandon Tseng, Shield AI's President and Co-Founder
"The need for advanced autonomy has never been more urgent, and Shield AI is proving that autonomy at scale is not only possible but inevitable." - Christopher E. Kubasik, Chair and CEO of L3Harris
Bottom Line:
Shield AI's successful $240 million funding round and $5.3 billion valuation underscore the growing demand for advanced autonomy solutions in defense and commercial sectors. The expansion of Hivemind Enterprise aims to accelerate the development and deployment of autonomous systems across industries, potentially revolutionizing the field of AI-powered robotics and drones.
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