Vertical Aerospace secures $100 million for Valo eVTOL certification as Cambridge Aerospace raises $300 million for air defenses
Vertical Aerospace has secured approximately $100 million in financing commitments to advance certification and commercial production of its four-passenger Valo eVTOL. Separately, Cambridge Aerospace closed a $300 million Series C led by DFJ Growth, valuing the drone- and missile-defense startup at $3.4 billion.