This week brought another plethora of large funding rounds for startups and growth-stage companies. Shield AI, a defense tech player focused on autonomy and virtual simulations, secured the largest financing, bringing in $2 billion. Next on the list was drone delivery provider Zipline International, which pulled in a fresh $1.5 billion. 1. Shield AI, $2B, defense tech: Shield AI, a developer of autonomy software and systems for the defense sector, along with simulation and synthetic reality technologies, secured $2 billion in equity funding and $500 million in debt financing. The equity included a $1 billion Series H led by Disruptive and Innovation X Capital along with a $1 billion structured equity investment from funds managed by Blackstone. The $500 million debt financing was led by JPMorganChase. San Diego-based Shield also said it is acquiring radar company Echodyne in a transaction valued at $5.3 billion. 2. Zipline International, $1.5B, drones: Drone delivery provider...
learn more
