Neros raises $250 million to expand autonomous drones and interceptor production
Drone-racing founders Soren Monroe-Anderson and Olaf Hichwa plan to use the Bloomberg-reported round to expand autonomous and interceptor programs and manufacturing capacity.
By Ryan Merket · Published
Primary source: Bloomberg Technology
Why it matters
Neros is testing whether venture-backed founders can build low-cost military hardware at munitions scale before Pentagon demand becomes predictable.
Neros co-founders Soren Monroe-Anderson and Olaf Hichwa raised a $250 million Series C co-led by Sequoia Capital, Bloomberg reported. Bloomberg said the financing tripled the defense drone manufacturer's valuation to $2.5 billion as it expands from strike drones into autonomous systems and drone interceptors.…
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