Recent Funding
Investors
Shield Capital

Shield Capital portfolio

Shield Capital has 8 portfolio companies on record at Recent Funding, with 2 investments in the last 12 months.

Website: shieldcap.com.

Type: Venture capital.

Portfolio on Recent Funding: 8.

Deals, last 12 months: 2.

Rounds led: 1 of 5.

Capital in their rounds: $391M.

Latest deal: Armada · May 20, 2026.

About this page

It is a venture capital firm based in San Francisco, US, founded in 2021. It led 1 of the 5 rounds it joined. Its most recent investment on record is Armada's $230M Series B+ round in May 2026, alongside Overmatch Ventures, Mitsui & Co., Marlinspike Capital and 6 others. By category, its portfolio leans toward Robotics and hardware (4) and Defense and security (3). It has co-invested with XYZ Venture Capital, J2 Ventures and Silent Ventures, most often XYZ Venture Capital (2 rounds).

About Shield Capital

Firm type: Venture capital.

Headquarters: San Francisco, US.

Founded: 2021.

Stages: Seed, Series A.

Sectors: AI & Machine Learning, Cybersecurity, Defense Tech, InsurTech, Robotics, Space Tech.

Leads rounds: Yes.

Portfolio companies: 17.

Exits: 1.

Rounds led: 9.

Funds raised

Fund	Fund #	Size	Announced
SShield Capital Bay Area	Ifirst fund	$186M	Oct 16, 2023 shieldcap.com

What Shield Capital invests in

Shield Capital recent investments

Company	Round	Date	Alongside
AArmada	Series B+ · $230M	May 20, 2026	Overmatch Ventures (lead), Mitsui & Co., Marlinspike Capital +6
SSeasats	Series A · $20M	Feb 17, 2026	Tanis ventures, Konvoy (lead), DNS Capital +4
RReveal Technology	Series B+ · $30M	Jul 1, 2025	Madison Valley Partners, defy.vc, Booz Allen Ventures +2
AApex	Series B+ · $95M	Jun 12, 2024	Toyota Ventures, XYZ Venture Capital (lead), Ravelin Capital +6
AApex	Series A · $16M · lead	Jun 22, 2023	XYZ Venture Capital, J2 Ventures, Cantos +2

How Shield Capital invests

Stage	Deals	Capital in rounds
Series B+	3 60%	$355M
Series A	2 40%	$36M

Year	Deals	Capital in rounds
2023	1 20%	$16M
2024	1 20%	$95M
2025	1 20%	$30M
2026	2 40%	$250M

Shield Capital portfolio companies

AArmada$230MSeries B+ · May 2026
SSeasats$20MSeries A · Feb 2026
RReveal Technology$30MSeries B+ · Jul 2025
AApex$95MSeries B+ · Jun 2024
AArena Physicabacker
WWatchtower Labsbacker
NNexlabacker
UUFORCEbacker

Company	Round with Shield Capital	Total raised	Latest raise
AArmada AI infrastructure and compute	May 20, 2026 Series B+ · $230M	$361M	May 20, 2026 Series B+
SSeasats Robotics and hardware	Feb 17, 2026 Series A · $20M	$30M	Feb 17, 2026 Series A
RReveal Technology Cybersecurity	Jul 1, 2025 Series B+ · $30M	$41M	Jul 1, 2025 Series B+
AApex Robotics and hardware	Jun 12, 2024 Series B+ · $95M	$311M	Apr 29, 2025 Series B+
AArena Physica Robotics and hardware	backer · source	undisclosed	—
WWatchtower Labs Defense and security	backer	$35M	Oct 21, 2026 Seed
NNexla AI agents	backer	$34M	May 8, 2025 Series A
UUFORCE Robotics and hardware	backer	$750M	Nov 12, 2026 Series A

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Robotics and hardware).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Venture funds Shield Capital raised, from the list of new VC funds compiled by Shai Goldman (Brex). Each size links to the article that states it, or to that list where no article was found. All new funds: new VC funds.

Share is of the 5 rounds on Recent Funding that name Shield Capital. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Shield Capital, which is a subset of its real portfolio. API: /api/v1/investors/shield-capital (get a free API key). More: the most active VC firms and new venture capital funds.