{
  "id": 484690,
  "title": "Cambridge Aerospace Raises $300M At $3.4B Valuation",
  "url": "https://urgent.news/2026/08/10/cambridge-aerospace-raises-300m-at-3-4b-valuation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-10T16:32:17.000Z",
  "source": {
    "name": "Ventureburn",
    "slug": "ventureburn",
    "url": "https://ventureburn.com/cambridge-aerospace-raises-300m-series-c/"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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 .",
  "key_points": [
    "Cambridge Aerospace raised $300M in Series C funding",
    "DFJ Growth led the round with Lux, Accel, Lakestar, Never Lift",
    "Funding will support global expansion and R&D"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}