Veteran Ventures Capital part of $19 million Series A round
The investment was in Cambium, a next-generation defense company at the forefront of material innovation.
Knoxville-headquartered Veteran Ventures Capital (VVC), a venture capital firm specializing in investing in and supporting groundbreaking national security technologies, has announced its strategic investment in Cambium, a next-generation defense company at the forefront of material innovation.
The funding from VVC was part of the California-based start-up’s $19 million Series A funding round led by 8VC with participation from Veteran Ventures, GSBackers, Marlinspike, MVP Ventures, Gaingels, Kern Venture Fund, Jackson Moses (Founder of Silent Ventures), Vertical Capital, and select angel investors.
According to a news release from VVC, Cambium’s mission to revolutionize high-performance hardware aligns seamlessly with Veteran Ventures’ commitment to supporting advancements that enhance the capabilities of U.S. and Allied Armed Forces. Cambium is dedicated to reshaping defense technology by re-engineering products from the ground up, with a focus on dramatically improving manufacturability. The company’s innovative molecule-to-machine approach integrates computational material design, product development, and advanced manufacturing methods to solve complex application and supply chain challenges.
“Cambium’s commitment to innovation and their focus on enhancing mission performance and survivability align perfectly with our mission at Veteran Ventures Capital,” said Derren Burrell, VVC’s Founder and Managing Partner. “We are excited to join forces with Cambium and support their groundbreaking work in advancing defense technology.”