Peregrine Technologies, an AI platform that helps police and emergency agencies search their own data, raised $250 million（約400億円） at a $6.8 billion（約1.1兆円） valuation—tripling its worth in 15 months and underscoring rapid investor appetite for law enforcement tech even as civil liberties concerns mount.

What happened

Peregrine Technologies, a San Francisco-based AI data integration platform, raised $250 million（約400億円） in Series D funding at a $6.8 billion（約1.1兆円） valuation. The company now serves more than 400 agencies and organizations representing roughly 125 million people across North America, and is running the security fusion center for eight of the 11 host cities for the 2026 FIFA World Cup.

Why it matters

Peregrine's valuation jumped nearly 3x from $2.5 billion（約4000億円） in its Series C round just 15 months ago, signaling strong investor confidence in the govtech AI market, which is valued at roughly $25 billion（約4兆円） in 2025 and projected to reach $109 billion（約17兆円） by 2035. However, the company operates in a politically charged space—a 2026 ITIF survey found that 54% of Americans believe AI-powered mass surveillance is too dangerous, and community members have opposed Peregrine contracts at city council meetings.

What to watch

Peregrine's leadership said the company has not yet decided whether to go public, but is building internal infrastructure to be ready; founder Nick Noone expects the company to be working with close to 1,000 cities by year-end. The new capital will fund product development, engineering and implementation hiring, international expansion, and employee liquidity.