Tech Company Financing Transactions
Shield AI Funding Round
Shield AI, operating out of San Diego, raised $10.5 million from Andreessen Horowitz, Bloomberg Beta and Founder Collective.
Transaction Overview
Company Name
Announced On
3/29/2017
Transaction Type
Venture Equity
Amount
$10,499,995
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the development and deployment of artificially intelligent products.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
501 W Bdwy.
San Diego, CA 92101
USA
San Diego, CA 92101
USA
Phone
Undisclosed
Website
Email Address
Overview
Shield AI works with the Department of Defense, the Department of Homeland Security, and other federal, state, and local departments and agencies to deliver next generation intelligence, reconnaissance, and surveillance systems. We build AI to enable fully autonomous unmanned systems that dramatically reduce risk and enhance situational awareness in the most dangerous situations.
Management Team
Title
Name
Email & Social
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Our team works diligently to record all VC transactions involving tech companies. VC transactions reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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