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Source: 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 (The Information)

Techmeme ·
Shield AI is reportedly seeking a new round less than a year after a $12.7 billion valuation.

The defense tech startup is in talks to raise funding at a valuation of at least $20 billion, according to The Information item surfaced by Techmeme. Shield AI last raised $2 billion in March at a $12.7 billion valuation. The note does not give a deal size, investors, or final terms for the new talks. Techmeme's note

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Categories: Money & Moves