Autonomous ship startup Kraken raises $175M at $1B valuation

Kraken Technology Group Ltd., a British defense startup that makes autonomous ships, has raised $175 million in funding. Private equity firm DTCP led the Series B deal. It was joined by the U.K. government’s British Business Bank, the NATO Innovation Fund and more than a half-dozen others. Kraken disclosed in its announcement of the round […] The post Autonomous ship startup Kraken raises $175M at $1B valuation appeared first on SiliconANGLE .