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Shield AI reaches $28.8 billion valuation following $2.5 billion financing
Defense technology company Shield AI announced a $1 billion Series H funding round on November 5, 2026. This round was part of a larger $2.5 billion financing package that brought the company to a post-money valuation of $28.8 billion.
The financing included funds managed by Blackstone and debt led by JPMorgan Chase. Previous funding rounds have seen significant growth, including a Series G in March 2026 that valued the company at $12.7 billion. Shield AI was founded in 2015 by Brandon Tseng, Ryan Tseng, and Andrew Reiter, and is currently led by CEO Gary Steele.
Entities
Blackstone · Brandon Tseng · Gary Steele · JPMorgan Chase · Shield AI