Bloomberg · Rebecca Torrence ·

Defense tech startup Shield AI raises $2.5B to help acquire radar company Echodyne, including a $1B Series H at a $28.8B valuation, up from $12.7B in March

Defense tech startup set to acquire Echodyne Corp., which sells radar sensors to government and commercial customers.

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In this story Echodyne Shield AI

Defense tech startup Shield AI raises $2.5B to help acquire radar company Echodyne, including a $1B Series H at a $28.8B valuation, up from $12.7B in March

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Bloomberg — Defense tech startup Shield AI raises $2.5B to help acquire radar company Echodyne, including a $1B Series H at a $28.8B valuation, up from $12.7B in March ↗

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The Information: Defense tech startup Shield AI is in talks to raise new funds at a valuation of at least $20B; Shield raised $2B at a valuation of $12.7B in March

Reuters: Armadin, started by Mandiant founder Kevin Mandia to build AI cybersecurity agents, raised a $255.5M Series B led by a16z and Accel at a $2.5B valuation

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Bloomberg: ASI, which makes AI tools for the military and air traffic controllers, raised a $325M Series C at a $3B valuation, after winning an $875M FAA contract in June

TechCrunch: Eka Robotics, which is developing a "vision-force-action" architecture for its physical AI models, raised a $150M Series A at a $1.45B post-money valuation

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