Marcus SchulerShield AI raised $2 billion at a $12.7 billion valuation, more than doubling from last year. Advent International and Blackstone led the round. Part of proceeds will fund acquiring Aechelon Technology, whose simulation software runs the Pentagon's Joint Simulation Environment for testing autonomous systems. Signals growing private equity interest in defense tech.
Shield AI Raises $2B, Doubles Valuation to $12.7B
Shield AI raised two billion dollars at a $12.7 billion valuation, more than doubling its worth in one year. Advent International and Blackstone led the round. Part of the proceeds will fund the acquisition of Aechelon Technology, whose simulation software powers the Pentagon's Joint Simulation Envi