About

Founded

2015

Headquarters

San Diego, California

Industry

Defense, Artificial Intelligence (AI)

Company Description

Shield AI is a venture-backed defense technology company whose mission is to protect service members and civilians with intelligent systems. In pursuit of this mission, Shield AI is building the world’s best AI pilot. Its AI pilot, Hivemind, has flown a fighter jet (F-16), a vertical takeoff and landing drone (V-BAT), and a quadcopter (Nova).

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Funding

Total Raised

$573.1 million

Valuation

$2.3 billion

Significant Investors

Snowpoint Ventures, Riot Ventures, Disruptive, Homebrew, Point72 Ventures, Andreessen Horowitz, Breyer Capital, SVB Capital, the US Innovative Technology Fund

Company Traction

In March 2023, Shield AI was selected by the US Army to participate in the Future Tactical Unmanned Aircraft System competition with Northrop Grumman.

In March 2023, Shield AI announced a partnership with Boeing to collaborate in areas of autonomous capabilities and artificial intelligence on current and future defense programs.

In July 2022, Shield AI joined the US Airforce’s $950 million Joint All Domain Command and Control contract.

Leadership Team

Ryan Tseng: Co-Founder & CEO of Shield AI. Former Technical Lead for Wireless Power Program at Qualcomm.

Brandon Tseng: Co-Founder of Shield AI. Former Naval Officer at US Navy.

Andrew Dimitruk: COO at Shield AI. Former Associate and Engagement Manager at McKinsey & Company.

Nathan Michael: CTO at Shield AI. Former Associate Research Professor at Carnegie Mellon University.

Gabe Mayo: VP of Hardware Engineering at Shield AI. Former Director of Engineering at Telco Systems.

Press

TechCrunch (December 13, 2022): Shield AI raises another $60M at a $2.3B valuation for its military autonomous flying tech

TechCrunch (June 9, 2022): Shield AI raises $165M at a $2.3B valuation to fuel development of its military autonomous flying systems

Shield AI