Cambridge Aerospace Seeks $300 Million at $3.5 Billion Valuation
Updated
Updated · Bloomberg · Jun 11
Cambridge Aerospace Seeks $300 Million at $3.5 Billion Valuation
3 articles · Updated · Bloomberg · Jun 11
Summary
$300 million is the target Cambridge Aerospace is discussing in a new funding round that would value the British defense startup at about $3.5 billion.
DFJ Growth is in talks to lead the raise, according to people familiar with the matter, though the financing has not been finalized and the amount could still change.
Cambridge Aerospace develops interceptor systems designed to defend against drones and cruise missiles, placing the fundraising in the fast-growing defense technology sector.