Dawn Aerospace rockets to $335m valuation after latest raise (opens original article in a new tab)

Dawn Aerospace secured US$25 million in funding, boosting its valuation to US$195 million. The company plans to expand globally and scale operations in the US and Europe. Revenue increased significantly from 2022 to 2023.

• Dawn Aerospace raised US$25 million in Series B funding, valuing the company at US$195 million.
• The funding will support global expansion and scale commercial and operational teams in the US and Europe.
• Dawn's revenue grew from $3 million in 2022 to over $15 million, with 90% growth in the last 12 months.