Shield AI Soars to New Heights with $5.3 Billion Valuation

Shield AI Soars to New Heights with $5.3 Billion Valuation
3 months ago

In a remarkable stride for the defense technology sector, Shield AI, a pioneering drone defense startup, has attained a valuation of $5.3 billion. This significant milestone comes after the company secured an impressive $165 million funding round led by the prominent firm, Tiger Global Management. The capital injection not only demonstrates investor confidence in Shield AI’s innovative capabilities but also highlights the growing demand for advanced defense technologies in an increasingly complex global landscape.

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Drone Defense Startup Epirus Secures Major Funding Backed by Joe Lonsdale

Drone Defense Startup Epirus Secures Major Funding Backed by Joe Lonsdale
5 months ago

In a significant move within the defense technology sector, Epirus, a startup specializing in drone defense solutions, is set to raise over $150 million in its latest funding round. This financial boost is backed by prominent investor Joe Lonsdale, known for his successful ventures in technology and defense-related businesses.

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