- Shield AI raised $240 million at a $5.3 billion valuation to expand its AI-driven autonomy software, Hivemind, beyond military applications.
- The funding round included investors like L3Harris and Hanwha Aerospace, with existing backers such as Andreessen Horowitz also participating.
Shield AI, a San Diego-based defense tech startup specializing in autonomous military systems, has raised $240 million in funding at a $5.3 billion valuation.
The latest investment strengthens Shield AI’s position as one of the leading players in defense technology, second only to Anduril, which is currently raising funds at a $28 billion valuation.
The company’s flagship Hivemind software powers fighter jets and drones with autonomous flying capabilities.
Shield AI now aims to expand its reach beyond military applications, targeting robotics companies that could leverage its AI-driven autonomy technology.
The funding round attracted major investors, including L3Harris, one of the largest U.S. defense contractors, and Hanwha Aerospace.
Existing backers such as Andreessen Horowitz also participated, demonstrating continued confidence in Shield AI’s technology and market potential.
The investment comes as autonomy gains traction in defense. Last month, autonomous warship startup Saronic secured $600 million, quadrupling its valuation to $4 billion.
The growing demand for AI-powered systems highlights the increasing reliance on automation in modern warfare.
Shield AI’s rapid growth underscores the broader trend of defense startups attracting significant capital as governments and private sector players seek to modernize military capabilities with AI and automation. The company has not yet commented on the latest funding round.
Edited By Annette George
