Search PillsburyLaw.com
  • All
  • Lawyers
  • Capabilities
  • Insights

Press Release

Pillsbury Represents Shield AI in $90 Million Series C Funding

Defense Technology Company Will Use the Funds to Further Integrate Self-Driving Technology

Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas

Press Release

Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas

02.26.21

Led by San Diego-based Corporate partner Christian Salaman, Pillsbury represented Shield AI, a defense-technology company, in a Series C funding round of $90 million through equity and debt financing.

Shield AI will use the funding to further integrate its self-driving software into additional platforms across the defense industry.

Founded in 2015, San Diego-based Shield AI is a defense-technology company that utilizes self-driving software to enable unmanned systems to operate without GPS and communications.

Corporate senior associate Dusty Wolverton assisted Salaman in the transaction.

Tags
Christian A. Salaman, Corporate, Technology, Finance, Artificial Intelligence, Emerging Companies & Venture Capital, San Diego