Funding Boosts Low-Cost Air DefenceCambridge Aerospace has raised $300 million in Series C funding at a $3.4 billion valuation in a financing round announced today. That April 2026 funding round valued Cambridge Aerospace at $1.3 billion, highlighting significant growth. Founded in 2024, Cambridge Aerospace develops air defence systems designed specifically to combat modern drones. The Cambridge-based defence technology company will use the capital to expand operations and development. More News: Corma Raises $60M To Build AI-Powered Cyber Defence WorkforceCompetition Intensifies Across Defence TechnologyCambridge Aerospace is entering a rapidly expanding European defence technology market.