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Neros raises $10.9M in seed round from Sequoia Capital to build new factory and manufacture more drones

PRIVATEMay 20, 2024

Amount Raised

$10.9 Million

Round Type

Seed

Los AngelesManufacturingAerospace

Investors

Sequoia Capital

Description

Neros, an autonomous drone startup, has raised $10.9 million in a seed round from Sequoia Capital. The company plans to use the fund for hiring and scaling up production to manufacture more drones and build a new factory.

Quick answer

Neros raised $10.9 Million in a Seed round, dated May 20, 2024. Investors: Sequoia Capital. Neros is based in Los Angeles, California, United States.

How much did Neros raise?
Neros raised $10.9 Million in a Seed round on May 20, 2024.
Who invested in Neros?
Sequoia Capital is named as investors in this round.
What does Neros do?
Neros, founded in 2023, is a rapidly growing company that has already delivered thousands of its advanced systems to Ukraine and the U.S. Department of War.
Where is Neros based and how big is it?
Neros is based in Los Angeles, California, United States. Fundz records about 58 employees.
Who are the decision-makers at Neros?
Fundz holds 5 contacts at Neros, including the Co-Founder & CTO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Aerospace and Manufacturing around the same time

Companies in the same sectors as Neros that raised within 45 days of this round, from Fundz verified event records.

  • ISPTech raised $2.2M (Pre-Seed) on July 2, 2024.
  • Archer Aviation raised $55M on July 2, 2024.
  • VerdeGo Aero raised $1.5M on June 25, 2024.
  • Apex raised $95M (Series B) on June 12, 2024.
  • iCOMAT raised $23M (Series A) on June 5, 2024.
  • Isar Aerospace raised $20M (Debt Financing) on June 4, 2024.

Who to call at Neros, and when

A new round usually means Neros is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Neros raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Neros, from your own LinkedIn network

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Company Information

Company

Neros

Location

Los Angeles, California, United States

About

Neros, founded in 2023, is a rapidly growing company that has already delivered thousands of its advanced systems to Ukraine and the U.S. Department of War. Distinguished by its in-house component design, Neros focuses on enhancing critical performance factors such as resistance to electronic warfare. Committed to strengthening the West’s asymmetric advantage, the company manufactures cutting-edge FPV systems at scale through robust and resilient allied supply chains.

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Related People

5 contacts
Verified contactsOlaf H., Co-Founder & CTO hidden hidden hiddenSee plans and pricing
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Neros raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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