Cambridge-based air defence company Cambridge Aerospace has closed a $300 million Series C funding round, valuing the business at $3.4 billion — a signal to the wider UK defence supply chain that private investors are backing British-built military technology at real scale. The round was led by US venture capital firm DFJ Growth, with continued backing from earlier investors including Lux, Accel, Lakestar, Never Lift, Ora Global and Elad Gil & Co. It follows a $200 million Series B round in April, which valued the company at $1.3 billion, meaning its valuation has more than doubled in the space of…
