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Cambridge Aerospace has raised $300M in a Series C funding round led by DFJ Growth, boosting its valuation to $3.4B. The funds will enhance manufacturing capabilities and support product development.
UK defence technology startup Cambridge Aerospace has raised $300M at a $3.4B valuation. The Series C funding round was led by US investor DFJ Growth, with participation from other notable investors. The new funding will help the company scale its manufacturing capabilities and continue developing existing products. Cambridge Aerospace has secured several contracts with the UK's Ministry of Defence and aims to deliver advanced defence solutions.
Company Information
Company
Cambridge Aerospace
Location
Cambridge, England, United Kingdom
About
Cambridge Aerospace is a UK defence technology startup founded in 2024 that specializes in counter-drone solutions. Its key products include the Skyhammer drone interceptor and the upcoming Starhammer missile interceptor. The company has secured contracts with the UK's Ministry of Defence and aims to enhance its manufacturing capabilities and product development with the new funding. The CEO, Steven Barrett, is a former MIT researcher based at Cambridge University.
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