Peregrine, a public safety AI company, has completed a $250 million Series D funding round, led by Sequoia Capital and others According to BlockBeats, on June 22nd, Peregrine Technologies, a US public safety AI company, completed a $250 million Series D financing with a valuation of $6.8 billion, just 15 months after its previous valuation of $2.5 billion, achieving nearly three times growth. This round is led by existing investors such as Sequoia Capital. Peregrine's core product is a government data integration platform that integrates existing city data such as police records, 911 logs, license databases, sensor data, and emergency management systems to achieve real-time retrieval. It also has built-in role-based access control and complete audit tracking, and the platform itself does not collect or hold any data. At present, the platform has served over 400 law enforcement agencies, covering approximately 125 million people in North America, and is operating security integration centers for 8 of the 11 host cities for the 2026 FIFA World Cup. Co founder and CEO Nick Noone previously led Palantir's special operations business, including an intelligence platform for tracking ISIS; Co founder and CTO Ben Rudolph previously built data infrastructure at the United Nations High Commissioner for Refugees. The company stated that the newly raised funds will be used for product research and development, expansion of engineering and implementation teams, international expansion, and employee mobility arrangements. Noone has not yet decided whether to go public, but is building internal infrastructure to prepare for the listing. The government AI market is expected to be valued at approximately $25 billion by 2025 and is projected to grow to $109 billion by 2035. However, the civil liberties controversy surrounding AI law enforcement monitoring remains a persistent challenge for Peregrine. [Original link]