Shield AI has filed a notice of an exempt offering of securities to raise $60,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Shield AI is raising $60,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ryan Tseng played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Shield AI
Shield AI is building the worlds best AI Pilot. Shield AI is an artificial intelligence company founded in 2015 with the mission to protect service members and civilians with intelligent systems. The company’s Hivemind autonomy stack is the first and only autonomous AI Pilot, deployed in combat since 2018. Hivemind enables intelligent teams of aircraft to perform missions ranging from room clearance, to penetrating air defense systems, and dogfighting F-16s. Backed by top-tier Silicon Valley VC funds, Shield AI has established itself as the leader in AI for aviation. Shield AI has been named to Forbes AI 50 and Best Startups lists, CB Insights Top 100 AI Companies, and Fast Company’s Most Innovative Companies. The company has offices and facilities in San Diego, Dallas, Washington, D.C. and Abu Dhabi.
To learn more about Shield AI, visit http://www.shield.ai/
Contact:
Ryan Tseng, Chief Executive Officer
619-719-5740
https://www.linkedin.com/in/ryantseng/
SOURCE: http://www.intelligence360.io
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