intelligence360
  • SUBSCRIBE
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Shield AI raises $240M at $5.3B valuation to scale Hivemind Enterprise, an AI-powered autonomy developer platform

Shield AI raises $240M at $5.3B valuation to scale Hivemind Enterprise, an AI-powered autonomy developer platform

March 14, 2025 Craig Etkin

WASHINGTON, March 6, 2025 /PRNewswire/ — Shield AI, the deep-tech company building state-of-the-art autonomy software products and defense aircraft, today announced it has completed a $240 million, F-1 strategic funding round, raising the company’s valuation to $5.3 billion.

The financing was completed with major participation from strategic investors L3Harris (NYSE: LHX) and Hanwha Aerospace (KRX: 012450), as well as participation from existing investors including Andreessen Horowitz, U.S. Innovative Technology, and Washington Harbour. The funds will enable Shield AI to expand the deployment of Hivemind Enterprise to OEMs, governments, and companies to empower the larger robotics and drone industrial base to build autonomy products.

“Developing autonomy is both complex and costly. Hivemind Enterprise solves this widely known problem and enables the rapid and efficient proliferation of resilient, high-performance autonomy for intelligent machines across industries,” said Nathan Michael, Shield AI’s Chief Technology Officer. “Hivemind Enterprise is about supercharging the industrial base to build and monetize autonomy, enabling a world of millions of autonomous systems in the next ten years.”

Hivemind Enterprise is an autonomy software suite for developers and organizations building, testing, evaluating, and deploying autonomy for intelligent machines. It accelerates autonomy development by delivering a multi-year head start with platform products, AI-powered toolsets, and leveraging Shield AI’s proven edge autonomy work enabling unmanned systems to operate in GPS- and comms-denied environments. The Hivemind Enterprise product suite includes an integrated autonomy factory, industrial-grade production ready middleware, a rich autonomy catalogue, and seamless mission control, empowering developers to build and own their mission-ready autonomy solutions with unprecedented speed and flexibility.   

“The same tools that make up Hivemind Enterprise have already enabled Shield AI to autonomously fly F-16s, MQ-20s, MQM-178s, operate V-BATs in GPS- and communications-denied environments, and have quadcopters explore buildings and tunnels for U.S. and Israeli forces. Partnerships with strategics like L3 Harris and Hanwha Aerospace further accelerate efforts to proliferate resilient autonomy,” said Brandon Tseng, Shield AI’s President and Co-Founder.

Industry leaders recognize the growing demand for autonomy at scale. Christopher E. Kubasik, Chair and CEO of L3Harris, emphasized this:

“The need for advanced autonomy has never been more urgent, and Shield AI is proving that autonomy at scale is not only possible but inevitable. Their commitment to pushing the boundaries of AI-driven autonomy aligns with our Trusted Disruptor strategy, where we partner to accelerate the delivery of AI-enabled solutions and emerging technologies to meet our customers’ needs faster and more efficiently.”

The significant interest and participation from investors are a testament to Shield AI’s momentum after a year of successful milestones and recent technology integration announcements, including mission autonomy work with L3Harris. The company is pleased to have received support from a number of other strategic investors as part of this fundraising round.

About Shield AI

Founded in 2015, Shield AI is a venture-backed deep-technology company with the mission of protecting service members and civilians with intelligent, autonomous systems. Its products include Hivemind Enterprise—EdgeOS, Hivemind Pilot, Hivemind Commander, and Hivemind Forge—as well as V-BAT and Sentient Vision Systems (wide-area motion imaging software). With offices in San Diego, Dallas, Washington, D.C., Abu Dhabi (UAE), Kyiv (Ukraine), and Melbourne (Australia), Shield AI’s technology actively supports U.S. and allied operations worldwide.For more information, visit www.shield.ai. Follow Shield AI on LinkedIn, X, and Instagram.   

Media Contact: Lily Hinz; media@shield.ai

SOURCE Shield AI

Copyright © 2025 Cision US Inc.


Venture Capital
Cision, PRNewswire, Shield AI, Venture Capital, Washington

Post navigation

NEXT
The Mays School to spend $1.75 Million to occupy 20,584 square feet of space in Houston Texas.
PREVIOUS
Shoulder Innovations Announces Closing of $40 Million Series E Equity Financing
Comments are closed.
Subscribe for FREE!

Source: http://go.intelligence360.io/ and https://intelligence360.news/

Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
Subscribe

Categories

Recent Posts

  • Mergers and Acquisitions (M&A): Quantum Computing Inc. (NASDAQ: QUBT) Completes Acquisition of NuCrypt March 17, 2026
  • Mergers and Acquisitions (M&A): Semtech (NASDAQ: SMTC) Acquires HieFo Corporation for $34 Million March 17, 2026
  • Mergers and Acquisitions (M&A): Knife River Corporation (NYSE: KNF) Acquires Morgan Asphalt Inc March 17, 2026
  • City of Houston to spend $14 Million to occupy 32,016 square feet of space in Houston Texas. March 17, 2026

Archives

© 2026   Copyright SI360 Inc. All Rights Reserved.