Tech Company Financing Transactions
Shield AI Funding Round
On 10/31/2023, Shield AI landed $200 million in Series F funding from US Innovative Technology Fund, ARK Investment Management and Disruptive.
Transaction Overview
Company Name
Announced On
10/31/2023
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Series F
Investors
US Innovative Technology Fund (Lead Investor)
Snowpoint Ventures (Doug Philippone)
Proceeds Purpose
The company intends to use the funds to Scale and deploy its V-BAT Teams product domestically and internationally. Accelerate tech integration with third-party uncrewed platforms.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
501 W Bdwy.
San Diego, CA 92101
USA
San Diego, CA 92101
USA
Phone
Undisclosed
Website
Email Address
Overview
Shield AI works with the Department of Defense, the Department of Homeland Security, and other federal, state, and local departments and agencies to deliver next generation intelligence, reconnaissance, and surveillance systems. We build AI to enable fully autonomous unmanned systems that dramatically reduce risk and enhance situational awareness in the most dangerous situations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ryan Tseng
Chief Technical Officer
Nathan Michael
Co-Founder
Andrew Reiter
VP - Engineering
Chris Barngrover
VP - Engineering
Timothy Ramsay
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Our team works diligently to record all VC transactions involving tech companies. VC transactions reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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