Kraken Technology Group raised $175 million in a Series B round at a $1 billion valuation.
- Amount
- $175M
- Stage
- Series B
- Announced
- 9 July 2026
- Lead
- Digital Transformation Capital Partners (DTCP)
- Other investors
- British Business Bank, NATO Innovation Fund (NIF), Rheinmetall, Inocea Group, HICO, Thesiger Capital Group, BOKA Capital, Supernova Invest, Hakluyt Capital
- Use of funds
- Support continued development of uncrewed surface vessels and payload capabilities, and expansion of localised manufacturing facilities.
- Valuation
- $1B
- Checked
- Amount and date matched across 3 press sources