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From powerboat records to a $1bn war chest: meet Europe’s newest defence unicorn — Blankdot

thenextweb.com3 weeks ago

From powerboat records to a $1bn war chest: meet Europe’s newest defence unicorn

From powerboat records to a $1bn war chest: meet Europe’s newest defence unicorn

First the Royal Navy shoved a robot boat out of a transport plane at 1,300 feet. Then its maker became Europe’s newest defence unicorn. Kraken Technology Group, a British maker of uncrewed surface vessels, has raised $175m (€152.9m) in a Series B round. It values the company at more than $1bn.…

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