Shield AI announces $1 billion Series H to support Echodyne acquisition
Disruptive and Innovation X Capital co-lead the equity round at a $28.8 billion post-money valuation.
Shield AI has announced $1 billion in Series H funding, co-led by Disruptive and Innovation X Capital, at a $28.8 billion post-money valuation. Participants include Advent International, JPMorganChase Strategic Investment Group, Snowpoint Ventures, Apandion and Center15 Capital.
The proceeds will principally support the planned acquisition of radar maker Echodyne. The Series H forms one part of a $2.5 billion financing package that also includes structured equity and debt. The acquisition is expected to close in early 2027, subject to approvals and customary conditions.
Use of funds
Support the planned acquisition of Echodyne