NEROS RAISES $250M SERIES C AT $2.5B VALUATION TO SCALE AUTONOMOUS AND INTERCEPTOR DRONE PROGRAMS
The funding will speed production of Archer AI and Bandit, with both systems slated for combat deployment by the end of 2026, the company said.
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(Seoul = Yonhap News) Reporter Joo Jong-guk = U.S. defense drone startup Neros Technologies (hereinafter Neros) recently raised an additional $250 million (354 billion won)...
Sequoia’s $250 Million Bet on America’s Drone Future
Drone startup Neros has raised $250 million in a round co-led by Sequoia that triples its valuation to $2.5 billion as it expands beyond strike drones into autonomous systems and drone interceptors. CEO Soren Monroe-Anderson and Sequoia partner Shaun Maguire join Bloomberg to discuss plans to ramp up drone production, the race to build a US supply chain independent of China, and why they ultimately see a path to producing one million drones a ye…
Global Mobility Company MOOVE Raises $250M Series C Funding Round At $2.1B Valuation
Six years since its founding, MOOVE continues to raise new capital to further its presence in Africa. MOOVE, headquartered in the United Arab Emirates, is the brainchild of Ladi Delano and Jide Odunsi. TechCrunch reports it was formed as a vehicle financing startup, then scaled to service ride-hailing and deliveries in Africa, before branching out to owning autonomous vehicles. “Let’s create a product where we own, operate, and orchestrate auton…
Moove, a mobility company founded in Nigeria and now based in the United Arab Emirates, raised US$250 million during a C-series financing tour. Announced in a press release of 6 August 2026, the operation values the company at US$2.1 billion, compared to 750 million at its last valuation announced in...
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