Neros Raises $250M Series C at $2.5B Valuation to Scale Autonomous and Interceptor Drone Programs

Neros Raises $250M Series C at $2.5B Valuation to Scale Autonomous and Interceptor Drone Programs

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Neros Technologies announced a $250M Series C at a post money valuation of $2.5B co-led by Sequoia Capital and American Strategic Technology Fund (ASTF) with participation by Interlagos, Valor Equity Partners, Allen & Company, Thiel Capital, Spark Capital, and Dylan Field. These funds will accelerate the development and production ramps for new drone programs including Archer AI, an FPV platform augmented with autonomy features including Terminal Guidance and GPS-denied Position Hold, and Bandit, a c-UAS interceptor drone intended to counter Class 2 and 3 drone threats including Shahed-style systems.

WilmerHale advised Neros Technologies in the raise.

The WilmerHale team consisted of Daniel Zimmermann, Jessica Lewis, Nathan Moore, Shafi Armatis, Gen Bates, Kavya Madhavpeddi and Amanda Rossetta.

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