Official announcements from Sequoia Capital or the startup, press releases, or reputable financial news outlets

Sequoia Capital Invests in German Autonomous Drone Startup Amid US Funding Surge

Oct 10, 2024, 02:54 PM

US venture capital firm Sequoia Capital has invested in a German startup that is developing autonomous attack drones. This investment is part of a broader trend where US investors are increasingly funding European defense technology startups. According to a report by the Financial Times, US funding now accounts for the largest portion of private capital flowing into the European military tech sector.