DFJ Growth is a growth equity firm that has previously backed companies such as SpaceX, Tesla, and Coinbase.
Portfolio
2
companies
Cambridge Aerospace
Cambridge Aerospace builds low-cost air defence systems and interceptors for military forces.
Hopin
Hopin operates a shared experiences platform for virtual, hybrid and in-person events.
The $300m Series C values the defence tech startup at $3.4bn following backing from DFJ Growth.
"This raise is testament to the incredible work of the entire Cambridge Aerospace team. The addition of these funds will allow us to continue to scale our manufacturing and our delivery to meet the pace of threats, and the needs of Allied nations,"
The British defence startup is in talks to raise capital for its counter-drone technology.
The Series D round was co-led by Arena Holdings and Altimeter Capital to support product development and platform growth.
"Hopin started with the goal of giving people more options for meaningful connection"
The Series C round was co-led by Andreessen Horowitz and General Catalyst with participation from IVP and other returning backers.
"We are creating a portfolio of products to build the future of live video collaboration and remote community. As we’ve seen, the importance of providing unparalleled virtual and hybrid event experiences has never been greater and this latest funding is a reflection of how critical it is as brands look for ways to connect with people and avenues of growth. To enable this, we are investing more in video innovation, the core medium of digital collaboration. We’re incredibly appreciative of the confidence from our investors who share Hopin’s vision for a better connected world. This is a testament to the dedication of the Hopin team, which works hard to deliver for our customers."
The Series B round was led by IVP and Tiger Global with participation from Coatue, DFJ Growth, Accel, Northzone, Salesforce Ventures, and Seedcamp.
"Hopin is the fastest-growing company we have seen at this stage and has meaningfully exceeded its plan since our last investment in June,"
