Neros Technologies closes $250M Series C at $2.5B valuation co-led by Sequoia Capital and ASTF

Neros Technologies

Neros Technologies closed a $250 million Series C funding round at a $2.5 billion post-money valuation, co-led by Sequoia Capital and the American Strategic Technology Fund (ASTF), with participation from Interlagos, Valor Equity Partners, Allen & Company, Thiel Capital, Spark Capital, and Dylan Field. The funding accelerates Archer AI and Bandit production and scales manufacturing toward one million drones per year by 2028.

• Series C: $250 million at $2.5 billion post-money valuation.
• Co-leads: Sequoia Capital and American Strategic Technology Fund.
• Additional investors: Interlagos, Valor, Allen & Co, Thiel, Spark Capital, Dylan Field.
• Current production: 1,200 units/week (~62,000/year); target 1 million/year by 2028 (16x increase).
• New products: Archer AI (autonomous terminal guidance) and Bandit (counter-UAS interceptor) for end-2026 deployment.