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Image Credit: Siliconangle

Defense technology startup Shield AI valued at $5.3B in $240M funding round

  • Defense technology startup Shield AI has raised $240 million in funding at a $5.3 billion valuation.
  • The funding round included participation from Andreessen Horowitz, U.S. Innovative Technology, and Washington Harbour.
  • Shield AI's flagship product is Hivemind Enterprise, a platform for autonomous defense systems.
  • The funding will be used to enhance Shield AI's software portfolio.

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