Kraken Robotics

company

About

Kraken Robotics is a marine technology company engaged in the design and marketing of advanced sensors for Unmanned Underwater Vehicles.

  • 51 - 100

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$10M
Industries
Marine Technology,Marketing,Robotics
Founded date
Jan 1, 2008
Number Of Employee
51 - 100
Operating Status
Active

Kraken Robotics is a marine technology company engaged in the design, development, and marketing of advanced sonar and acoustic velocity sensors for Unmanned Underwater Vehicles used in military and commercial applications.

Over the last two years, the company has earned a reputation as world leaders in Synthetic Aperture Sonar - a revolutionary underwater imaging technology that dramatically improves seabed surveys by providing ultra-high resolution imagery at superior coverage rates. Kraken’s series of SAS products called AquaPix® leverages nearly two decades of R&D conducted by NATO’s Undersea Research Centre and millions of dollars in funding support from NATO government sponsors. AquaPix® offers comparable performance to existing high-end military systems at less than 20% of the cost.

Kraken is currently engaged in various stages of technology validation and teaming agreements with leading laboratories and strategic industry partners including Defence Research and Development Canada, U.S. Navy’s Naval Sea Systems Command (NAVSEA); the UK Ministry of Defence; Northrop Grumman; ECA Robotics and others. Kraken is located in beautiful, Conception Bay South, Newfoundland.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$10M
Kraken Robotics has raised a total of $10M in funding over 2 rounds. Their latest funding was raised on Jul 29, 2021 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 29, 2021 Post-IPO Equity $10M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Kraken Robotics is funded by 1 investors. Desjardins Securities are the most recent investors.
Investor Name Lead Investor Funding Round
Desjardins Securities Post-IPO Equity