News

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

Mar 6, 2025 | Press Release

WASHINGTON (March 6, 2025) – 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, as well as … Continued

Drone Defense Startup Shield AI Lands $5.3 Billion Valuation

Mar 6, 2025 | Bloomberg

The company is raising $240 million and pushing into software. Defense startup Shield AI has finalized a deal to raise $240 million from investors at a valuation of $5.3 billion — a funding round that adds billions to the company’s valuation, and underscores Silicon Valley investors’ interest in drones, autonomy and national security technology. The … Continued

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

Mar 6, 2025 | FT

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: … Continued

Epirus Closes $250M Series D to Hyperscale Leonidas Production Capability for Critical Asset Protection

Mar 5, 2025 | Press Release

New funding to accelerate production of high-power microwave defense capability for short range air defense and fuel company’s international and commercial growth roadmap Los Angeles, Calif—March 5, 2025— Epirus announced today an oversubscribed $250 million Series D fundraising round, bringing the company’s total venture funding to more than $550 million and positioning the company to … Continued

Defense tech startup Epirus raises $250M Series D to counter drone swarms

Mar 4, 2025 | TechCrunch

Defense tech startup Epirus, which specializes in anti-drone systems, has raised an oversubscribed $250 million Series D, it told TechCrunch. Epirus, based in Torrance, California, was previously valued at $1.35 billion for its $200 million Series C in 2022, per its announcement at the time. Epirus did not give a specific valuation for this round, … Continued

Drone-frying defense firm Epirus raises $250 million

Mar 4, 2025 | Axios

Epirus plans to expand production of its directed-energy weapons and jump into overseas and commercial markets on the heels of a $250 million funding round. Why it matters: Powerful lasers and microwaves are exploding in popularity as militaries scramble to more effectively — cheaply, quickly, sustainably — counter drones.

Hidden Level Expands Role in National Security with $100M Investment in Drone Detection Systems

Feb 3, 2025 | Press Release

Hidden Level, a leader in passive radar and radio frequency sensing technology for detecting and precisely locating drones and other threats around you, today announced $65 million in Series C funding led by DFJ Growth with participation from Booz Allen Ventures, Revolution Growth, Costanoa Ventures, Washington Harbour Partners, Veteran Ventures, Founders Circle Capital, and others.

Washington Harbour Partners Completes Growth Investment in Thunder

Dec 17, 2024 | Press Release

Strategic investment to fuel Thunder’s Data Cloud and AI practice growth and strengthen its position as a Salesforce partner and innovator SAN FRANCISCO, Dec. 17, 2024 /PRNewswire/ — Washington Harbour Partners LP (“Washington Harbour”), a leading private investment firm specializing in high-growth technology companies, with a focus on partnering with founders and management teams to … Continued

Washington Harbour-backed Sixgen adds on Kyrus Tech

Dec 2, 2024 | PE Hub

Kyrus is a cybersecurity technology provider to the intelligence and defense sectors.

Kyrus Tech and SIXGEN Join Forces to Create Preeminent Mid-Tier Across the Digital Battlespace

Dec 2, 2024 | Press Release

SIXGEN, a full-spectrum solutions provider across the digital battlespace to U.S. national security and critical infrastructure sectors, announced today the acquisition of Kyrus Tech (“Kyrus” or the “Company”), a specialized software development firm for mission-critical cyber solutions to the Intelligence and Defense Communities, including data science, reverse engineering, and other advanced capabilities. This strategic combination enhances SIXGEN’s mission to deliver advanced products and platforms and provide scalable, tailored solutions that address today’s increasingly complex digital threat landscape through a novel approach to innovation and IP-enabled services.

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