Shield AI Raises $10.5M In Series A Funding

Shield AI, a San Diego, CA-based based developer of artificially intelligent systems that will protect service members and innocent civilians on the battlefield, raised $10.5M in a Series A funding.

The round was led by Andreesen Horowitz. In conjunction with the funding, Peter Levine, general partner at Andreesen Horowitz, joined Shield’s Board of Directors.
Other major venture investors include Homebrew, Bloomberg Beta, and Founder Collective.

The company intends to use the funds to accelerate the development and deployment of artificially intelligent products.

Co-founded in July 2015 by Ryan Tseng (CEO), Andrew Reiter (CTO) and Brandon Tseng, Shield is building an artificially intelligent drone that finds people and threats inside buildings without a remote pilot. The company currently has contracts with the Department of Defense and the Department of Homeland Security.



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