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Business/Financial

VC Firm Focused on AI, Autonomy, Cyber And Space Launches New Fund

By Cal Biesecker

Monday, October 16th, 2023

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VC Firm Focused on AI, Autonomy, Cyber And Space Launches New Fund

Raj Shah, managing partner Shield Capital. Photo: Shield Capital

The venture capital (VC) firm Shield Capital on Monday said it has closed a new fund focused on early-stage investments in support of startups in the areas of artificial intelligence, autonomy, cybersecurity, and space. Shield has $186 million in commitments from institutional and private investors for its Shield Capital Fund I, L.P., The new fund was oversubscribed by 55 percent above the target, Shield said. Some of Shield’s existing investments include Albedo, a high-resolution satellite company, Apex, which manufactures satellite…

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