Latham & Watkins Advises Leading Unicorn Shield AI on One of the Largest Growth Financing Rounds in the Defense Tech Space in 2025

Shield AI, the deep-tech company building state-of-the-art autonomy software and defense aircraft, has announced it has completed a US$240 million, F-1 strategic funding round, raising the company’s valuation to US$5.3 billion. This round saw major participation from strategic investors L3Harris [NYSE: LHX] and Hanwha Aerospace (KRX: 012450), as well as participation from existing investors including Andreessen Horowitz, U.S. Innovative Technology, and Washington Harbour. The funds will enable Shield AI to expand the deployment of its Hivemind Enterprise to OEMs, governments, and companies to empower the larger robotics and drone industrial base to build autonomy products. 

Latham & Watkins LLP represented Shield AI in the funding round with a team led by partners Nima Movahedi, Kristen Grannis, and Haim Zaltzman, with associates Jack McKay and Christopher Siino. Advice was also provided on certain regulatory matters by partners Kyle Jefcoat and Patrick English.