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The Venture Codex

Overview

Defense and mobility solutions company.

Deals · 12mo

1

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Stage focus

Series B

Geographic focus

Sector focus

Aerospace
Manufacturing
Military
Retail

Investment portfolio

  • Kraken Technology

    Participated · Series B · Jul 2026

    Kraken Technology develops and manufactures autonomous maritime platforms such as uncrewed subsurface vessels for military and security use. Its technology is already used by NATO, the UK Ministry of Defence and the US Navy, and it counts US defence firm Anduril as a partner. Founded in 2020, the British-founded startup has expanded into manufacturing and operational deployment for defence customers. The company said it will use the new funding to develop an uncrewed surface vessel and to expand manufacturing facilities. Financially, Kraken achieved unicorn status with a $175 million Series B at a $1 billion valuation.

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