Greenjets

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 million
• Sector: DeepTech & AI (Aerospace)
• Advisor: Not mentioned
• Key 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.