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Shield AI closes a $150 million funding round to advance the X-BAT project, matched by $150 million from the U.S. Navy as part of a modification to their existing agreement.
Amount Raised
$150 Million
Round Type
Venture
San DiegoInformation Technologyinformation technology & servicesInvestors
Description
Shield AI announced a $150 million modification to its agreement with the U.S. Navy to support the X-BAT initiative. The funding aims to enhance Defense Exportability Features of the AI-piloted aircraft. Shield AI is also investing $150 million of its own capital
Fundz sees it the moment Shield AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Shield AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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