Shield Capital recently announced the final closing of its inaugural fund focused on early-stage venture capital investments. And Shield Capital Fund I, L.P. closed oversubscribed at 55% above target with $186 million of capital commitments from a broad representation of institutional and private investors.
Managing Partners Philip Bilden and Raj Shah launched SHIELD in 2021 to support innovators in securing the future in AI, autonomy, cybersecurity, and space. SHIELD invests in company founders building frontier technologies that matter in both commercial and national security markets.
SHIELD invested in over 30 innovative companies, including high-resolution satellite pioneer Albedo; satellite bus scale manufacturer Apex; autonomous aerial logistics leader Elroy Air; data infrastructure AI enabler Nexla; edge AI image sensing innovator Overwatch Imaging; and cyber insurance risk manager Resilience.
KEY QUOTES:
“We are a very founder-focused firm – we provide our startups with significant support from recruiting executives to accessing government customers to developing strategy. This successful fundraise enables us to back additional founders and provide even greater assistance to our current portfolio.”
— Raj Shah, Managing Partner
“SHIELD continues to attract exceptional team talent and partners aligned on mission with a commitment to building impactful companies. We are grateful for the overwhelming support of all our investors in our first fund that lays the foundation for an enduring investment franchise.”
— Managing Partner Philip Bilden
