Hypersonic missile maker Castelion valued at $13 billion after raise

Castelion, a hypersonic missile developer based in Torrance, California, has raised $1 billion in a Series C funding round that values the company at $13 billion. The round includes $800 million in equity financing and $250 million in committed financing for a revolving credit facility, the company said Aug. 19. JPMorganChase’s Strategic Investment Group, Andreessen […]