Saronic is in talks to raise $500 million in a Series C round led by Accel, aiming to build a fleet of autonomous boats for the U.S. Navy.
Saronic is in talks to raise $500 million in a Series C round led by Accel, aiming to build a fleet of autonomous boats for the U.S. Navy.
01/15/25, 6:13 PM
Location
austinMoney raised
$500 million
Round Type
series c
Investors
Andreessen Horowitz, 8 Vc, Elad Gil, Accel
Saronic, a startup focused on autonomous boats for the U.S. Navy, is in discussions to raise $500 million in a Series C funding round. This investment would value the company at over $3 billion, showcasing growing interest in defense technology.
Company Info
Location
austin, texas, united states
Additional Info
But, Mavrookas asserts, the startup’s also competing on its own merits. Evidently, the Navy was impressed with these; Mavrookas claims that Saronic already has two R&D agreements with the maritime service branch. Saronic is a technology company delivering capabilities through autonomous boats.