Kraken Technology Group
Builds modular, open-architecture uncrewed surface vessels such as K3 Scout, K5 Kraken and K7 Sabre for surveillance, force protection and strike missions.
Autonomous reconnaissance craft in the Baltic Sea, BALTOPS 2025. Photo: U.S. Navy photo by Petty Officer 2nd Class Ryan LeCompte, Public domain (PD-USGov-Military-Navy).
Round details
Series B, $175M, Jul 2026.
Why it matters
NATO Innovation Fund portfolio; Royal Navy Project Beehive order for 20 K3 Scout USVs; contracts with UK MoD, European NATO partners and USSOCOM; unicorn valuation.
Key figures confirmed by multiple sourcesLast checked 21 October 2026
Kraken Technology Group: key questions
What does Kraken Technology Group do?
Builds modular, open-architecture uncrewed surface vessels such as K3 Scout, K5 Kraken and K7 Sabre for surveillance, force protection and strike missions.
Where is Kraken Technology Group based?
Kraken Technology Group is headquartered in Fareham, United Kingdom. It was founded in 2020.
How much funding has Kraken Technology Group raised?
Total funding is >$175M, based on announced and reported rounds. Latest round: Series B, $175M, Jul 2026.
Who are Kraken Technology Group's investors?
Notable investors include DTCP, NATO Innovation Fund, British Business Bank.
Sources
- uktech.news/defence-tech/maritime-defence-firm-kraken-technology-raises-130m-20260709
- ukdefencejournal.org.uk/kraken-hits-1bn-valuation-after-funding-round/
- nif.fund/portfolio
Figures come from company announcements and press reports. Spot an error? Send a correction. Nothing here is investment advice.
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