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Brandon Tseng Acquires Property From Shield AI

Shield AI, a San Diego-based defense tech startup co-founded by Brandon Tseng, has raised $240 million at a $5.3 billion valuation to expand its AI-powered drone technology. The company’s Hivemind software enables aut…

By TradedVC Editorial1 min read
Shield AI, a San Diego-based defense tech startup co-founded by Brandon Tseng, has raised $240 million at a $5.3 billion valuation to expand its AI-powered drone technology. The company’s Hivemind software enables autonomous flight for fighter jets and drones, with plans to commercialize it for robotics companies. The round included investments from L3Harris, Hanwha Aerospace, and Andreessen Horowitz, solidifying Shield AI as the second-largest U.S. defense tech startup after Anduril. INVESTORS: L3Harris, Hanwha Aerospace & Andreessen Horowitz AMOUNT: $240,000,000 VALUATION: $5,300,000,000 HQ: #SanDiego #California #VentureCapital #ShieldAI #BrandonTseng #L3Harris #HanwhaAerospace #AndreessenHorowitz #TradedVC

ABOUT THE DEAL

Round
Not stated
Company
Property From Shield AI
Desk
Deals
Filed
Mar 7, 2025 · 5:49 PM
Investors
  • L3Harris
  • Hanwha Aerospace
  • Andreessen Horowitz
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