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Shield AI Raises $240 Million In New Round That Includes L3Harris

Cal Biesecker By
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Shield AI Raises $240 Million In New Round That Includes L3Harris
Pictured is a Kratos MQM-178 Firejet drone flying with Shield AI’s Hivemind AI pilot in a test.(Kratos Photo)

Shield AI on Thursday said it has raised $240 million in a new funding round to fuel growth of its autonomy software suite that it recently began offering to other companies, governments, and developers to build, test, and integrate autonomy into their robotic systems. The F-1 funding round brings Shield AI’s valuation to $5.3 billion. “Hivemind Enterprise is about supercharging the industrial base to build and monetize autonomy, enabling a world of millions of autonomous systems in the next 10…

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