Startup News: Defense tech firm Shield AI attracts additional $300M
Investors are putting their dollars behind Shield AI’s efforts to develop artificial-intelligence pilots for military aircrafts.
shield.aiIndustrial / Aerospace & DefenseFounded: 2015Funding to Date: $791.75MM
Developer of a drone technology designed to protect service members and civilians with artificially intelligent systems. The company creates artificial intelligence software and systems that enable machines to execute complex, unscripted tasks in denied and dynamic environments without direct operator inputs and offers an integrated AI framework for data management and analysis, scalable simulation, and self-directed learning which radically accelerates product development workflows, thereby resolving critical information deficiencies related to targeting, building clearances, and urban combat.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
12/29/2023 | Series F | $299.19MM | $xx.xx | $2.71B | U.S. Innovative Technology Fund, Riot Ventures, ARK Invest, Disruptive, Snowpoint Ventures | |
Price per Share
$xx.xx
Shares Outstanding
6,832,955
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
U.S. Innovative Technology Fund, Riot Ventures, ARK Invest, Disruptive, Snowpoint Ventures
|
||||||
12/13/2022 | Series E | $150MM | $xx.xx | $2.3B | Snowpoint Ventures, Riot Ventures, Disruptive, Homebrew, Point72 Ventures, Andreesen Horowitz, Breyer Capital, SVB Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,713,920
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Snowpoint Ventures, Riot Ventures, Disruptive, Homebrew, Point72 Ventures, Andreesen Horowitz, Breyer Capital, SVB Capital
|
||||||
08/24/2021 | Series D | $223.33MM | $xx.xx | $1.25B | Disruptive, Point72 Ventures, Breyer Capital, Andreessen Horowitz | |
Price per Share
$xx.xx
Shares Outstanding
9,289,341
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Disruptive, Point72 Ventures, Breyer Capital, Andreessen Horowitz
|
||||||
02/23/2021 | Series C | $70.99MM | $xx.xx | $295.18MM | Point72 Ventures | |
Price per Share
$xx.xx
Shares Outstanding
6,113,508
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Point72 Ventures
|
||||||
08/13/2019 | Series B | $25MM | $xx.xx | $203.26MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,180,497
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
01/04/2019 | Series A1 | $10MM | $xx.xx | $113.13MM | Breyer Capital, Andreessen Horowitz, Homebrew | |
Price per Share
$xx.xx
Shares Outstanding
1,952,059
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Breyer Capital, Andreessen Horowitz, Homebrew
|
||||||
04/01/2017 | Series A | $10.5MM | $xx.xx | $30.58MM | Andreessen Horowitz, Homebrew, Bloomberg Beta, Founder Collective | |
Price per Share
$xx.xx
Shares Outstanding
5,674,753
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Homebrew, Bloomberg Beta, Founder Collective
|
||||||
05/19/2016 | Series Seed | $2.74MM | $xx.xx | $9.13MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,414,857
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
Investors are putting their dollars behind Shield AI’s efforts to develop artificial-intelligence pilots for military aircrafts.