💰The Funding Letter #1622: March 7

Shield AI, Turing, Renaissance, and more...

March 07, 2025

Happy Friday! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. Have a nice weekend!

Hit the Gong 🎉

Source: @sales_bant_er

Daily Deals 💸

🌎 Americas

Shield AI operates a defense technology company that offers an integrated AI framework for data management and analysis, enabling aircraft teams to perform missions ranging from room clearance to penetrating air defense systems and dogfighting. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $240M, Series F ($5.3B Valuation)

Round Investors: Hanwha Aerospace (lead), L3 Harris Technologies (lead), US Innovative Technology Fund, Washington Harbour Partners

🚀Growth Focus: Expand the deployment of Hivemind Enterprise to OEMs, governments, and companies to empower the larger robotics and drone industrial base to build autonomous products.

HQ: San Diego, CA

Industry: Software Development

Employee Count: 821

🔥Open Sales Gigs: Currently Hiring

Turing builds and deploys generative AI products and systems for organizations managing complex data, allowing clients with problem-solving and coding capabilities to stay at the forefront of innovation and accelerate a path to AGI. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $111M, Series E

Round Investors: Khazanah Nasional (lead), Gaingels, Sozo Ventures, Mastodon Capital Management

🚀Growth Focus: Support R&D, sales, and marketing efforts for its two main business lines that work in tandem to accelerate growth.

HQ: Palo Alto, CA

Industry: Technology, Information, and Internet

Employee Count: 4322 (⚡27% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring (remote roles!)

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