Kraken Technology Group

Market context

Kraken Technology Group builds autonomous maritime platforms for defence, security and commercial sea operations. The UK company raised a GBP 130 million Series B at a $1 billion valuation in July 2026 after Royal Navy, USSOCOM, Rheinmetall, Anduril and Davie production and contract milestones.

Products

• K3 Scout
• K4 MANTA
• K5 KRAKEN

Facts

• Website: https://krakentechnology.com/
• HQ: Fareham, United Kingdom
• Segment: maritime robotics
• Known funding rounds: 2

Funding

• 2026-07-09 - Series B - $175M - Kraken Technology Group raises $175M Series B at $1B valuation - source: british-business-bank.co.uk
• 2025-06-23 - Kraken receives strategic funding from NATO Innovation Fund and NSSIF - source: krakentechnology.com

Investors

• BOKA Capital - Participant - Vc - 1 funding event - first seen 2026-07-09
• British Business Bank - Participant - Unknown - 1 funding event - first seen 2026-07-09
• Digital Transformation Capital Partners - Lead - Vc - 1 funding event - first seen 2026-07-09
• Hakluyt Capital - Participant - Vc - 1 funding event - first seen 2026-07-09
• HICO - Participant - Unknown - 1 funding event - first seen 2026-07-09
• Inocea Group - Participant - Angel / Individual - 1 funding event - first seen 2026-07-09
• Rheinmetall - Participant - Unknown - 1 funding event - first seen 2026-07-09
• Supernova Invest - Participant - Angel / Individual - 1 funding event - first seen 2026-07-09
• Thesiger Capital Group - Participant - Vc - 1 funding event - first seen 2026-07-09
• National Security Strategic Investment Fund - Participant - Vc - 1 funding event - first seen 2025-06-23
• NATO Innovation Fund - Participant - Vc - 1 funding event - first seen 2025-06-23
• Superangel - Participant - Unknown - 1 funding event - first seen 2025-06-23

Commercial

2 commercial events; 2 contract awards; latest event 2026-05-15

• 2026-05-15 - Contract award - Kraken secures $49 million USSOCOM OTA for uncrewed maritime prototypes - source: krakentechnology.com
• 2026-03-11 - Contract award - Royal Navy awards Kraken GBP 12.3 million Project Beehive USV contract - source: royalnavy.mod.uk

Events

• 2026-07-09 - Funding - Kraken Technology Group raises $175M Series B at $1B valuation - Kraken Technology Group raised a GBP 130 million Series B round, described by its own feed as $175 million at a $1 billion valuation. Digital Transformation Capital Partners led the round, with participation from British Business Bank, Rheinmetall, NATO Innov…
• 2026-07-08 - Demonstration - Kraken and Capewell complete first K3 Scout USV airdrop - Kraken and Capewell deployed K3 Scout on UMCADS via extracted-load airdrop from an A400M at 1,300 feet. The trial included four successful A400M drops into conditions up to Sea State 4. The demonstration adds a rapid-insertion route for force-projection of un…
• 2026-05-27 - Partnership - Kraken and Davie partner on autonomous-vessel production in Canada - Davie will provide Canadian capacity to produce, integrate and develop Kraken uncrewed surface vessels and autonomous maritime systems. The framework combines Kraken technology with Davie and affiliated shipbuilding facilities in Canada, the United States and…
• 2026-05-15 - Contract Award - Kraken secures $49 million USSOCOM OTA for uncrewed maritime prototypes - The OTA supports rapid development and prototyping of novel uncrewed surface and subsurface vessel technologies. Kraken says the prototype vessels will use low-observable designs, modular mission payloads and autonomous navigation. The agreement follows Krake…
• 2026-04-21 - Partnership - Kraken and Anduril partner on US unmanned maritime manufacturing - The agreement covers long-range, high-performance integrated capabilities for small fast vessels. Kraken says K7 Sabre and K5 Kraken USVs will be manufactured and integrated under license in the United States. The partnership targets US Navy programmes and NA…
• 2026-04-20 - Production Milestone - Rheinmetall Kraken begins K3 Scout series production in Hamburg - Rheinmetall Kraken GmbH will produce K3 Scout at Blohm+Voss in Hamburg. The production setup is initially designed for about 200 units per year and could scale higher depending on orders. K3 Scout is an 8.4 m, individually configurable USV capable of up to 55…
• 2026-03-11 - Contract Award - Royal Navy awards Kraken GBP 12.3 million Project Beehive USV contract - The Royal Navy primary announcement is dated 11 March 2026 and confirms a GBP 12.3 million contract for 20 uncrewed boats. Navy Leaders identifies the contracted platform as Kraken K3 Scout and reports delivery across the following 12 months. The USVs are int…
• 2025-08-22 - Partnership - Kraken and NVL form Anglo-German autonomous-vessel JV - The JV targets scalable uncrewed maritime platforms for military and civilian applications. Manufacturing was anticipated to begin in Q4 2025 at Blohm+Voss in Hamburg. NVL invested in Kraken and secured options to invest in a planned later round.
• 2025-07-09 - Deployment - Kraken K3 Scout operates in NATO Task Force X Baltic deployment - K3 Scout USVs operated in NATO Task Force X in the Baltic. The deployment integrated K3 Scout into command systems and delivered live, operator-tasked ISR performance. The event links Kraken platforms to NATO maritime uncrewed-systems experimentation around s…
• 2025-06-23 - Funding - Kraken receives strategic funding from NATO Innovation Fund and NSSIF - Kraken identified the NATO Innovation Fund, NSSIF and Superangel as strategic investors. The funding supports manufacturing, R&D, international scaling and rapid prototyping. Kraken listed K3 Scout, K4 Manta and K5 Kraken as its current uncrewed maritime plat…
• 2024-03-28 - Partnership - Kraken and Auterion partner on K3 and K4 maritime autonomy - Auterion said the agreement initially focuses on integrated autonomy architecture for K3 Scout and K4 MANTA. AuterionOS and Skynode X had already been integrated into K3 Scout for open-water sea trials. The release identifies K3 Scout as a modular 600 kg payl…

Operations / Deployments

• 2026-05-27 - Partnership - Kraken and Davie partner on autonomous-vessel production in Canada - Davie will provide Canadian capacity to produce, integrate and develop Kraken uncrewed surface vessels and autonomous maritime systems. The framework combines Kraken technology with Davie and affiliated shipbuilding facilities in Canada, the United States and…
• 2026-04-20 - Production Milestone - Rheinmetall Kraken begins K3 Scout series production in Hamburg - Rheinmetall Kraken GmbH will produce K3 Scout at Blohm+Voss in Hamburg. The production setup is initially designed for about 200 units per year and could scale higher depending on orders. K3 Scout is an 8.4 m, individually configurable USV capable of up to 55…

Team

• Mal Crease - Founder and CEO - Leads Kraken as it scales autonomous maritime platforms for NATO-aligned defence users.