Los Angeles-based Hermeus, which aims to build unmanned hypersonic fighter aircraft, raised $200M led by Khosla Ventures and $150M in debt at a $1B valuation (Sean O'Kane/TechCrunch)
Why it matters: Hermeus secured $350 million to develop unmanned hypersonic fighter aircraft, reaching a $1 billion valuation.
- Hermeus raised $200M in equity funding, led by Khosla Ventures (TechCrunch)
- Hermeus also secured an additional $150M in debt financing (TechCrunch)
- The funding round values the Los Angeles-based defense startup at $1 billion (TechCrunch)
- The capital will be used to continue developing what Hermeus calls the “fastest unmanned aircraft” (TechCrunch)
Hermeus, a Los Angeles-based defense startup focused on unmanned hypersonic fighter aircraft, has secured a significant $350 million in funding, comprising $200 million in equity led by Khosla Ventures and $150 million in debt, achieving a $1 billion valuation. This substantial investment is earmarked to accelerate the development of what Hermeus touts as the world's fastest unmanned aircraft.
