Vatn Systems raised $13 million in a seed round led by DYNE Ventures to advance autonomous underwater vehicles for US defense.
PRIVATENov 12, 2024
Amount Raised
$13 Million
Round Type
Seed
PortsmouthManufacturingAerospaceNational Security
Investors
Decisive PointBlue CollectiveThe Veteran FundLockheed Martin VenturesRtx VenturesPropeller VenturesSaic VenturesCubit CapitalFortitude VenturesCentre Street PartnersIn Q TelDYNE Ventures
Description
Vatn Systems has successfully raised an oversubscribed $13 million seed round, bringing total funding to $16.5 million. This funding will be used to expand their team and establish a manufacturing facility for their autonomous underwater vehicles aimed at redefining naval warfare.
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Company Information
Company
Vatn Systems
Location
Portsmouth, Rhode Island, United States
About
Vatn Systems is a leading defense technology company building autonomous underwater vehicles that can be deployed at scale for the US military and allies. Founded in 2023 by a team of maritime experts and military leaders, Vatn Systems is on a mission to be the next underwater defense prime in a world where autonomous systems dominate naval battlefields.
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PortsmouthManufacturingAerospaceNational Security