Meld Valuation / Venture NAV Tracker
FundsCompaniesMethodology
meldvaluation.com ↗

Venture NAV Tracker / Private company

Shield AI

Defense Technologies
Headquarters—
Founded—
Last known roundSeries F2025-03-06 · source ↗
Reported valuation$5.3B2025-03-06 · source ↗

Cross-fund comparison

Equity & warrant marks

One latest disclosed mark per fund.

FundFair valueSecurity / basisImplied price / shareMark age vs roundMethodology / filing
DXYZDestiny Tech100 Inc.$31.1MMar 31, 2026 · source ↗preferredFair value hierarchy level 3$161.17Not comparable — different security type or share classMar 31, 2026 · source ↗390dMar 31, 2026 · source ↗N-PORT 2026-03-31 ↗
ARKVXARK Venture Fund$3.1MApr 30, 2026 · source ↗commonFair value hierarchy level 3$157.17Not comparable — different security type or share classApr 30, 2026 · source ↗420dApr 30, 2026 · source ↗N-PORT 2026-04-30 ↗
HTGCHercules Capital, Inc.$1.2MMar 31, 2026 · source ↗equityFair Value$40.24Not comparable — different security type or share classMar 31, 2026 · source ↗390dMar 31, 2026 · source ↗10-Q 2026-03-31 ↗
Not comparable — different security types or share classes

Cross-fund comparison

Debt investments

One latest disclosed debt mark per fund.

FundSecurity type / basisPrincipalFair valueFV / principalRateMaturityMark age vs roundNon-accrual
HTGCHercules Capital, Inc.senior secured loanFair Value — Senior Secured$117.4MMar 31, 2026 · source ↗$117.2MMar 31, 2026 · source ↗99.9%Mar 31, 2026 · source ↗Prime + 0.85 %, Floor rate 6.85 %, Cap rate 9.60 %, PIK Interest 2.50 %, 2.50 % Exit FeeMar 31, 2026 · source ↗Feb 1, 2029Mar 31, 2026 · source ↗390dMar 31, 2026 · source ↗NoMar 31, 2026 · source ↗

Historical marks

Reported fair value by fund

Each bar is a disclosed position-quarter.

$31.1MDXYZMar 31, 2026 · source ↗$117.2MHTGCMar 31, 2026 · source ↗$1.2MHTGCMar 31, 2026 · source ↗$3.1MARKVXApr 30, 2026 · source ↗$7.2MARKVXApr 30, 2026 · source ↗
Figures are compiled from public filings.Read methodologyMELD Valuation