Tech Company Financing Transactions
Saronic Funding Round
On 10/10/2023, Saronic received $55 million in Series A funding from Caffeinated Capital, 8VC and Andreessen Horowitz.
Transaction Overview
Company Name
Announced On
10/10/2023
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Series A
Investors
Proceeds Purpose
Saronic fills a gap where shipbuilders, traditionally focused on manufacturing large naval ships, lack the capacity and expertise [for autonomous ship design], while other vendors provide legacy platforms and struggle with production at scale.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
Undisclosed
Austin, TX 78745
USA
Austin, TX 78745
USA
Phone
Undisclosed
Website
Email Address
Overview
Saronic is building cutting-edge unmanned surface vehicles that enable maritime security and domain awareness by combining best-in-class hardware, software and artificial intelligence into one scalable, fully integrated platform.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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