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Jun 14, 2022

San Diego drone tech startup raises $165M to build AI pilot

Posted by in categories: drones, information science, mapping, robotics/AI

Shield AI, an artificial intelligence company focusing on drones and other autonomous aircraft, is on a mission to build “the world’s best AI pilot.” To that end, the San Diego startup has raised $90 million in equity and $75 million in debt as part of a Series E fundraising round. The funding values Shield AI at $2.3 billion.

Hivemind employs state-of-the-art algorithms for planning, mapping, and state-estimation to enable drones to execute dynamic flight maneuvers. On aircraft, Hivemind enables full autonomy and is designed to run fully on the edge, disconnected from the cloud, in high-threat GPS and communication-degraded environments.

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