On October 10, HavocAI, a developer of maritime autonomous systems, announced it has secured $85 million in new capital. The funding comes from new investors B Capital, In-Q-Tel, Lockheed Martin, Hanwha, Taiwania, Vanderbilt University, Up Partners, Island Green Capital, and Zero Infinity Partners, along with continued support from Scout Ventures and Outlander Ventures in addition to other early funders. The funding round, completed at a significant valuation increase, brings HavocAI’s total funding to nearly $100 million in its first year and a half of operations.
The capital injection positions HavocAI to accelerate the scaling of its proven autonomous maritime platforms, ensure long-term operational resilience, and demonstrate the financial stability that government customers require from emerging defense technology partners. All the recent investors are mission-aligned partners who bring not only capital but critical geographic and technological collaborations that multiply HavocAI’s capabilities.
“This funding represents far more than just capital – it has enabled us to cut through the noise about maritime autonomy and build a collaborative autonomy stack that actually works in a very short time,” said Paul Lwin, CEO and co-founder of HavocAI. “We’ve put two new boats in the water this year, and we’re going to add two more before the year is over, including our 100′ Atlas multi-mission vessel. Our swarming autonomy accomplishes priority missions today, not at an unknown point in the future. This technology is needed right now.”
“HavocAI represents exactly the kind of company we look for – one that combines cutting-edge technology with the proven ability to sell and execute,” said Howard Morgan, chairman and general partner at B Capital. “HavocAI is actually delivering working solutions that solve real operational challenges. Their ability to demonstrate functional autonomous systems at scale sets them apart as the clear market leader in this critical technology area.”
The funding round also reflects growing international recognition of HavocAI’s strategic importance, particularly among allies focused on maritime security and deterrence capabilities. The participation of prominent Indo-Pacific investors underscores the global nature of maritime security challenges and the universal need for advanced autonomous capabilities.
“Our investment reflects our belief that HavocAI is making real, measurable contributions to regional stability through technological superiority,” said David Weng, general partner at Taiwania. “Going forward, one of our goals is to bring HavocAI to collaborate with local partners here in Taiwan.”
Source: HavocAI
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