.
MergerLinks Header Logo

New Deal


Announced

Completed

USIT and Riot Ventures led a $200m in Series F round in Shield AI.

Financials

Edit Data
Transaction Value£164m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Productivity Software

United States

Software

Minority

Venture Capital

Acquisition

Domestic

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

Edit

US Innovative Technology Fund and Riot Ventures, two investors, led a $200m in Series F round in Shield AI, a defense technology company building AI pilot for aircraft, with participation from ARK Invest, Disruptive and Snowpoint. “We’re building the world’s best AI pilot to ensure air superiority and deter conflict because we believe the greatest victory requires no war. This funding accelerates the scaling of Shield AI’s products, enabling the deployment of intelligent, affordable mass—the most important non-nuclear deterrent for the next 30 years,” Brandon Tseng, Shield AI President and Co-Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US