This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Shield AI raises $240M at $5.3B valuation to scale Hivemind Enterprise, an AI-powered autonomy developer platform

The funds will enable Shield AI to expand the deployment of Hivemind Enterprise to OEMs, governments, and companies to empower the larger robotics and drone industrial base to build autonomy products.

The financing was completed with major participation from strategic investors L3Harris (NYSE: LHX) and Hanwha Aerospace (KRX: 012450), as well as participation from existing investors including Andreessen Horowitz, U.S. Innovative Technology, and Washington Harbour.

Tags

expansion