Kraken Technology, which designs and builds autonomous maritime platforms, such as uncrewed subsurface vessels, raised a $175M Series B at a $1B valuation (John Reynolds/Tech.eu)

<a href="https://tech.eu/2026/07/09/maritime-defence-startup-kraken-technology-hits-unicorn-status/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260709/i25.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260709/p25#a260709p25" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> John Reynolds / <a href="https://tech.eu/">Tech.eu</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://tech.eu/2026/07/09/maritime-defence-startup-kraken-technology-hits-unicorn-status/">Kraken Technology, which designs and builds autonomous maritime platforms, such as uncrewed subsurface vessels, raised a $175M Series B at a $1B valuation</a></b></span>&nbsp; &mdash;&nbsp; It says it will use the funding to develop its uncrewed surface vessels while expanding manufacturing facilities.</p>