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Doug Philippone led a $90m Series E fudging round in Shield AI.

Synopsis

Doug Philippone, Snowpoint Ventures CEO, led a $90m Series E fudging round in Shield AI, a developer of an artificial intelligence-based drone technology, with participation from Riot Ventures, Disruptive, Homebrew, Point72, Andreesen Horowitz, Breyer Capital, and SVB Capital. “The future of defense aviation is autonomy. AI pilots are the most disruptive defense technology of our generation – and Shield AI is committed to putting the world’s best AI pilots in the hands of the United States and our allies. No company has assembled more or recruits better AI engineering talent for aviation autonomy and intelligent swarming than Shield AI,” Ryan Tseng, Shield AI Co-Founder and CEO.

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