Tech Company Financing Transactions
Saronic Technologies Funding Round
Saronic Technologies, operating out of Austin, secured $55 million from Caffeinated Capital, 8VC and Andreessen Horowitz.
Transaction Overview
Company Name
Announced On
10/10/2023
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Series A
Investors
Proceeds Purpose
Saronic fills a gap where shipbuilders, traditionally focused on manufacturing large naval ships, lack the capacity and expertise [for autonomous ship design], while other vendors provide legacy platforms and struggle with production at scale.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
510 E Saint Elmo Rd A-2
Austin, TX 78745
USA
Austin, TX 78745
USA
Phone
Website
Email Address
Overview
We are a united team that puts the security and defense of our country and its allies first. We persist with grit and resilience to ensure a future that is safe, prosperous, and free. We expertly engineer effective and reliable products to meet each partner's specific mission. Our approach is to prioritize requirements and emphasize simple, intuitive usability. To us, excellence is finding creative solutions to complicated problems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dino Mavrookas
Chief Financial Officer
Patrick DePriest
Chief Operating Officer
Doug Lambert
Chief Technical Officer
Vibhav Altekar
Vice President
Jonas Brown
Vice President
John Simmons
Vice President
Goutham Subramanian
Vice President
Natalie Wiegand
VP - Bus. Development
Dave Cascalenda
VP - Bus. Development
Robert Lehman
VP - Bus. Development
Nick Stoner
VP - General Counsel
Tobi Young
VP - Human Resources
Soo Cho
VP - Manufacturing
John Morgan
VP - Product Management
Sam Lisbonne
VP - Regulatory Affairs
Blake Brickman
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