Defense Startup Neros Triples Valuation to $2.5 Billion with Sequoia Investment

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 double production to 100,000 drones a year, the race to build a US supply chain independent of China, and why they ultimately see a path to producing one million drones a year. They join Ed Ludlow on "Bl...