Private equity firm Advent International has signed an agreement to co-lead a $1.5 billion Series G funding round for defense technology company Shield AI. Advent plans to make a $1 billion investment into companies specializing in next-generation defense technologies.
• Invesco QQQ Trust, Series 1 stock is facing resistance. What’s driving QQQ stock lower?
This investment values Shield AI at $12.7 billion and underscores Advent’s commitment to companies at the forefront of AI-driven autonomous systems aimed at enhancing air operations and protecting service members, the company stated..
This strategic move aims to bolster its longstanding commitment to national security priorities by supporting firms developing critical …
This post was originally published here
