Saronic Raises 5 Million in Series B Funding

By VC News Daily

AUSTIN, TX, Saronic, a defense technology leader that designs and manufactures autonomous surface vessels (ASVs), announced a $175 million Series B.

Saronic, a defense technology leader that designs and manufactures autonomous surface vessels (ASVs), announced a $175 million Series B raise placing the company’s valuation at $1 billion. The funding round was led by Andreessen Horowitz (a16z), with participation from both new and existing investors, including 8VC, Caffeinated Capital, Elad Gil, and NightDragon, among others.

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Source: VC News Daily


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