Shield AI

Shield AI is a defense-technology company using self-driving software to enable unmanned systems to operate without GPS and communications.

Shield AI’s mission is to protect service members and civilians with artificially intelligent systems.

Shield AI was founded in 2015 by Brandon Tseng, Ryan Tseng, and Andrew Reiter. The company is headquartered in San Diego, California, with offices in Dallas, Washington, D.C. and Abu Dhabi.

 

Shield AI offers three products: the Nova quadcopter, the first unmanned robotic system powered by the company’s AI framework; Hivemind Edge, an intelligent software stack that enables machines to execute complex; and Hivemind Core, an integrated AI framework for data management and analysis, scalable simulation, and self-directed learning.

 

Shield AI partners with the Defense Department and Defense OEMs to integrate its Hivemind AI and autonomy software stack into unmanned systems, including retrofitting existed ones.

 

Shield is also working on a vertical take-off and landing (VTOL) aircraft called V-BAT that will be soon equipped with Hivemind. The software is being integrated into other aircraft, too, such as the F-16 fighter jet pictured above, where it will act as a co-pilot alongside a human, with the aim for it to be used also across F-22s, F-18s and other models.

 

Shield AI is backed by Andreessen Horowitz, Point72 Ventures, Breyer Capital, Homebrew, Snowpoint Ventures, SVB Capital, Disruptive, Founder Collective, Bloomberg Beta, Riot Ventures, and others. The company raised $165M ($90M in Series E and $75M in Debt) financing on Jun 09, 2022. This brings Shield AI's total funding to $513.1M to date. The latest round more than doubled the company's valuation to $2.3B, up from previous $1B in Series D raised in Aug 2021.

 

 

  • Year founded: 2015
  • Funding Info: $513.1M over 8 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at over $2.3B as of Jun 09, 2022
  • City/Town: San Diego
  • State: California
  • Country: United States
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