Cambridge Aerospace reports about $100 million in early capital
Cambridge Aerospace had raised around $100 million in early capital to develop lower-cost systems for intercepting drones and cruise missiles.
Evidence notes
- The capital supported development of the Skyhammer interceptor programme.
- The financing was associated with a valuation of roughly $400 million.
- Investors associated with the company included Accel, Lakestar, Lux Capital and Spark Capital.
Company context
Cambridge Aerospace builds autonomous interceptor systems for countering drones and cruise missiles.