# Autonomous Ship Startup Kraken Raises $175M at $1B Valuation

> **Platform:** [SPIDITS AI](https://spidits.com/) — Real-Time AI News & Market Intelligence  
> **Published:** 2026-07-09T12:00:00.000Z  
> **Category:** FUNDING  
> **Impact Score:** 180/100  
> **Primary Source:** [SiliconANGLE](https://siliconangle.com/2026/07/09/autonomous-ship-startup-kraken-raises-175m-1b-valuation)  
> **Canonical Citation:** [https://spidits.com/timeline/autonomous-ship-startup-kraken-raises-175m-at-1b-valuation](https://spidits.com/timeline/autonomous-ship-startup-kraken-raises-175m-at-1b-valuation)

## Executive Summary
Kraken Technology Group Ltd., a British defense startup that makes autonomous ships, has raised $175 million in funding. Private equity firm DTCP led the Series B deal. It was joined by the U.K. government's British Business Bank, the NATO Innovation Fund and more than a half-dozen others.

## Referenced Coverage & Sources
- **[SiliconANGLE](https://siliconangle.com/2026/07/09/autonomous-ship-startup-kraken-raises-175m-1b-valuation)**: Autonomous ship startup Kraken raises $175M at $1B valuation — _Kraken Technology Group Ltd., a British defense startup that makes autonomous ships, has raised $175 million in funding. Private equity firm DTCP led the Series B deal. It was joined by the U.K. government's British Business Bank, the NATO Innovation Fund and more than a half-dozen others. Kraken..._

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*Synthesized by SPIDITS AI Market Intelligence Desk. Track live AI news, model releases, and funding: [https://spidits.com](https://spidits.com)*