Greenjets

Investor: Blossom Capital

Greenjets, a British aerospace technology company, has raised $40m (£30m) in a Series A funding round led by Blossom Capital. Summary of transaction details: Value: $40m (£30m) Sector: Aerospace Advisor: Not disclosed Key Entities: Greenjets, Blossom Capital Location: UK Note: The funding will accelerate Greenjets’ transition from development to production, supporting the delivery of thousands of systems over the next 12 months, and is crucial in advancing aviation technology.

Investor: Blossom Capital

Greenjets, a UK-based propulsion and aerospace technology company, has successfully secured £30 million in Series A funding to accelerate the development of its low-cost drone interceptors.Summary of transaction details:Value: £30 millionSector: DeepTech & AI (Aerospace)Advisor: Not mentionedKey Entities: Greenjets (Target), Blossom Capital (Lead Investor), NATO Innovation Fund (NIF), National Security Strategic Investment Fund (NSSIF), Tanglin Ventures, NSFO Family Office (Participants)Location: UK (Headquarters), Germany (Operations)Note: This investment will enable Greenjets to expand its UK facilities and headcount, positioning itself as a primary contractor in the aerospace sector and contributing to the UK's sovereign defence capabilities amidst growing demand for advanced security technologies.