
A Billion-Dollar Valuation: Kraken Technology Group Secures $175m in Series B Raise
The uncrewed maritime domain is experiencing an influx of capital as geopolitical pressures intensify. Kraken Technology Group has finalized its $175 million Series B funding round, pushing the British defence firm to a milestone $1 billion valuation. Backed heavily by European venture partners and international institutional funds, the company plans to scale production of its autonomous surface vessels. Read on to examine how localized manufacturing is altering international naval supply chains.








