Cambridge Aerospace Raises $300M Series C at $3.4B Valuation for Low-Cost Air Defence
The UK-based defence startup, founded less than two years ago, closed a $300 million round led by DFJ Growth to scale manufacturing of its drone-interceptor systems for allied militaries.
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AfroEuropa desk
Cambridge Aerospace, a UK-based air defence company developing low-cost interceptor missiles, has closed a $300 million Series C round at a $3.4 billion valuation, according to Ventureburn, Sifted and EU-Startups. In euro terms, EU-Startups reported the figures as €259.7 million at a €2.94 billion valuation.
The round was led by US growth investor DFJ Growth, with backing from existing investors including Lux, Accel, Lakestar, Never Lift, Ora Global and Elad Gil Co. The financing follows a $200 million Series B completed roughly four months earlier, in April 2026, which valued the company at $1.3 billion.
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