Urgent.News

600+ sources. One page. See who else covered it.

Editions

Finance & Markets

Cambridge Aerospace Raises $300M At $3.4B Valuation

Funding Boosts Low-Cost Air Defence Cambridge Aerospace has raised $300 million in Series C funding at a $3.4 billion valuation in a financing round announced today. DFJ Growth led the The post Cambridge Aerospace Raises $300M At $3.4B Valuation appeared first on Ventureburn .

Cambridge Aerospace Raises $300M At $3.4B Valuation

Cambridge Aerospace has secured $300 million in Series C funding, bringing its valuation to $3.4 billion. DFJ Growth led the round, joined by Lux, Accel, Lakestar, Never Lift, and others. The company, founded in 2024, specializes in affordable air defence systems against modern drones. Its Skyhammer platform intercepts Shahed-type attack drones, while the upcoming Starhammer offers faster interception.

Cambridge Aerospace's technology portfolio also includes radar systems and solid rocket motors. The funding will bolster manufacturing, research, and expansion across the UK, Germany, Poland, Norway, Ukraine, and Australia. With over 250 employees, Cambridge Aerospace is well-positioned to meet growing demand for counter-drone and air defence solutions from governments and defence organisations worldwide.

Written by urgent.news from Ventureburn's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at ventureburn.com →

More in Finance & Markets

More from Monday 10 August →