****************Shield AI $2B Series G $12.7B val + Aechelon acq + Saronic $1.75B + Harvey + TENEX unicorn + Modus $85M + Trent AI + Depthfirst $80M****************
Key Questions
What funding and valuation did Shield AI recently achieve?
Shield AI raised $2B in Series G at a $12.7B valuation, including $1.5B new funding, $500M preferred, and $250M debt. Investors include Advent, JPMorgan, and Blackstone.
What acquisition is Shield AI making?
Shield AI is acquiring Aechelon, enhancing capabilities like Hivemind for F-16 applications. This bolsters its defense AI tech.
What is Saronic's valuation and funding?
Saronic raised $1.75B in Series D at $9.25B valuation from Kleiner Perkins, Advent, and Navy contracts. It focuses on autonomous warships and maritime autonomy.
What milestone did TENEX reach?
TENEX closed a $250M Series B, achieving unicorn status in AI cybersecurity. CEO emphasizes execution over valuation.
How much did Depthfirst raise?
Depthfirst raised $80M in Series B, totaling $120M from Meritech. It offers AI security 10-30x cheaper.
What is Harvey's funding and focus?
Harvey raised $200M at $11B valuation for legal AI applications. It targets AI in professional services.
What funding did Modus secure?
Modus raised $85M led by Lightspeed for AI-native audit technology. It accelerates development of AI audit platforms.
What is Trent AI's seed funding?
Trent AI raised $13M seed backed by OpenAI and Spotify leaders. It specializes in agent security.
Shield $2B ($1.5B G/$500M pref/$250M DD) Advent/JPM/Blackstone + Aechelon/Hivemind F-16; Saronic $1.75B Kleiner/Advent/Navy $9.25B; TENEX $250M Series B AI cyber unicorn Crosspoint; Depthfirst $80M Series B $120M total Meritech AI sec (10-30x cheaper); Harvey $200M $11B legal AI; Modus $85M Lightspeed AI audits; Trent AI $13M seed OpenAI/Spotify agent security.