StoryFunding
Shield AI raises $1.5B Series G at a $12.7B valuation and agrees to acquire Aechelon
Shield AI closed a $1.5 billion Series G at $12.7 billion post-money valuation, led by Advent International and co-led by JPMorgan's Strategic Investment Group, plus $500 million in preferred equity from Blackstone. The company announced plans to acquire Aechelon Technology, a defense simulation and synthetic-reality software firm used by the U.S. military for pilot training.
- $1.5B Series G + $500M preferred equity from Blackstone at $12.7B valuation.
- Advent International lead with JPMorgan co-lead.
- Acquisition of Aechelon Technology for simulation and synthetic-sensor software.
- Aechelon supports Joint Simulation Environment used by Pentagon and allies.