10-07-2025
Stealth UK Startup Building Iron Dome-Like Tech Eyes $400 Million Valuation
A new British startup, called Cambridge Aerospace, has raised around $100 million in early capital to develop defense systems for intercepting drones and cruise missiles, according to multiple people familiar with the matter.
The company has been operating in secret and its existence has not been previously reported. While it has yet to launch publicly, it's already recruited a former UK minister and received multiple rounds of investment from backers including Accel, Lakestar and Lux Capital, said the people. Corporate filings in the UK show partners from the three venture capital funds as directors in the company.
