Shield AI Raises Additional Capital in Series F, Boosts Total Amount to $500M
Briefly

The company now boasts a formidable total of $500 million in funding, with an extra $100 million in equity, raised at the Series F valuation, and an additional $200 million in debt from Hercules Capital.
Brandon Tseng, President, Co-founder, and former Navy SEAL, emphasized the profound implications of AI pilots in addressing critical challenges. In particular, he noted the solution they provide to the electronic warfare issues faced in the Russia-Ukraine War, where GPS and communications jamming have been devastating to drones. AI pilots, according to Tseng, offer a resolution to this problem and enable the concept of intelligent, affordable mass.
Read at siliconvalleyjournals.com
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