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Venture Capital News: Saronic Raises $175 Million in Series B Funding

2024-07-19
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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