TECH NEWS
Cambridge Aerospace is in talks to raise $300M at a $3.5bn valuation, almost nine times its worth a year ago
Cambridge Aerospace, a British defence-technology startup building systems to shoot down drones and cruise missiles, is in talks to raise around $300M at a valuation of about $3.5bn, according to a Bloomberg report citing people familiar with the matter. Venture firm DFJ Growth is in talks to lead the