HavocAI, a developer of maritime autonomous systems, has secured $85 million in new capital.
The funding comes from new investors B Capital, In-Q-Tel, Lockheed Martin, Hanwha, Taiwania, Vanderbilt University, Up Partners, Island Green Capital, and Zero Infinity Partners, along with continued support from Scout Ventures and Outlander Ventures in addition to other early funders.
The funding round, completed at a significant valuation increase, brings HavocAI’s total funding to nearly $100 million – an unprecedented achievement for a maritime autonomy company in its first year and a half of operations.
The capital injection positions HavocAI to accelerate the scaling of its proven autonomous maritime platforms, ensure long-term operational resilience, and demonstrate the financial stability that government customers require from emerging defense technology partners. All the recent investors are mission-aligned partners who bring not only capital but critical geographic and technological collaborations that multiply HavocAI’s capabilities.
The funding will directly support multiple strategic initiatives, including the following primary missions:
Additional Vessel Integration: Beyond HavocAI’s current fleet of 14′, 38′, 42′, and 100′ vessels, funding…