Correction: Hanwha Asset Management - Not Hanwha Aerospace - Invests in Shield AI's $240M F-1 Round

Thu, 13 Mar 2025 03:12:00 +0800

WASHINGTON, March 13, 2025 /PRNewswire/ -- Shield AI is issuing a correction to its previously released announcement, "Shield AI raises $240M at $5.3B valuation to scale Hivemind Enterprise, an AI-powered autonomy developer platform."

The original release incorrectly identified Hanwha Aerospace as a participating investor. The correct entity is Hanwha Asset Management.

Shield AI apologizes for the error and appreciates the opportunity to clarify the correct information.

Media contact:
Lily Hinz, media@shield.ai

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