COMPANY INFO
The actual company name is Neros Technologies. It was founded in 2023 by co-founders Soren Monroe-Anderson and Olaf Hichwa, who started as teenage drone racers and now build advanced drones for defense purposes. The company has about 23 employees and is headquartered in Los Angeles, California. Neros Technologies operates in the Aerospace and Defense industry and specializes in developing cost-effective, battlefield-proven unmanned aerial systems optimized for long-range missions and resistance to electronic warfare. Their website is https://www.neros.tech. The company aims to provide large-scale drone deployment to empower the defense sector with American-made technology.
Neros Technologies is an innovative aerospace and defense company founded in 2023 by Soren Monroe-Anderson and Olaf Hichwa. Headquartered in Los Angeles, California, Neros Technologies specializes in developing cost-effective, battlefield-proven unmanned aerial systems (drones) optimized for long-range missions and resistance to electronic warfare. With approximately 23 employees, the company aims to empower the defense sector with scalable, American-made drone technology for large-scale deployment.
Since its founding, Neros Technologies has strategically raised $45.9 million across 2 funding rounds, leveraging partnerships with leading venture capital firms and prominent investors. The company's funding history includes an initial seed round to jumpstart product development and a significant Series A round that fueled further innovation and manufacturing expansion. Neros Technologies funding milestones include rapid scaling of their R&D and manufacturing facilities, as well as securing pivotal defense sector partnerships. Across each round, Neros Technologies pursued a focused funding strategy to support its vision of unmanned superiority at scale.
The Series A round was led by Vy Capital and raised $35 million to accelerate product development and support the expansion of manufacturing and international market presence. Funds were primarily allocated toward scaling production capabilities, enhancing battlefield drone technology resilience, and entering new defense sectors.
Led by Sequoia Capital, this $10.9 million seed round provided the initial capital for Neros Technologies' product launch and early development efforts. The funding helped the company establish its core team, set up headquarters in El Segundo, California, and initiate partnerships with key defense stakeholders.
Vy Capital led Neros Technologies' Series A funding round, providing essential capital for scaling operations and advancing product innovation. Their investment experience in high-growth technology firms makes them a strategic partner for Neros Technologies venture capital initiatives.
As the lead investor in the seed round, Sequoia Capital played a crucial role in Neros Technologies funding history by supporting the company's founding and initial growth. Sequoia’s strong network and expertise in defense and technology startups provided vital guidance during the launch phase.
Interlagos Capital is an active Neros Technologies investor, bringing financial expertise and support for market expansion in the defense sector.
D3 invested in early rounds, helping Neros Technologies build its unmanned aerial systems platform and strengthen its position in the defense industry.
Keller Rinaudo Cliffton participated as an angel investor, contributing to the Neros Technologies investment strategy with a focus on robotics and innovation.
Prominent investor Peter Thiel provided capital and strategic mentorship, further solidifying Neros Technologies investors roster and supporting the advancement of defense technologies.
A* is among the venture capital backers helping drive Neros Technologies funding rounds with capital and industry insights.
Long Journey Ventures contributed to early-stage fundraising, supporting product development and initial market entry.
BoxGroup is a key player among Neros Technologies investors, offering funding and resources for growth in the competitive drone market.
Shaun Maguire, a Sequoia Capital partner, personally invested and provided strategic guidance during Neros Technologies' early stages, reinforcing the company’s leadership within the industry.
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