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Kraken Technology Group
United Kingdom · Uncrewed surface vessels · privateSummary
UK maritime-defence startup building uncrewed surface vessels (USVs); holds a Royal Navy contract (£12.3M) and crossed unicorn status with this round — billed as Europe's newest maritime defence unicorn.
Key facts
Role
builder
Category
Defense
Sector
Uncrewed surface vessels
Status
private
CEO
Mal Crease
Founders
Mal Crease (founder)
Funding
$175M Series B (Jul 9 2026) at $1B valuation, led by DTCP, with backers including the NATO Innovation Fund, Rheinmetall and the British Business Bank
Valuation
$1B (Jul 2026)
Robots tracked — ranked across 10 companies
Peers — same category & country
United States
GermanyCapital
Funding
$175M Series B (Jul 9 2026) at $1B valuation, led by DTCP, with backers including the NATO Innovation Fund, Rheinmetall and the British Business Bank
Valuation
$1B (Jul 2026)
Status
private
Investors
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