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.

Jan 15, 2025•11 months ago

Amount Raised

$500 Million

Round Type

series c

Austin

Investors

Andreessen Horowitz8 VcElad GilAccel

Description

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 Information

Company

Saronic

Location

Austin, Texas, United States

About

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.

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