Tech Company Financing Transactions
Kraken Technology Funding Round
DTCP Capital, BOKA Group Holdings and British Business Bank participated in a $175 million Series B funding round for Kraken Technology. The round closed on 7/9/2026.
Transaction Overview
Company Name
Announced On
7/9/2026
Transaction Type
Venture Equity
Amount
$175,000,000
Round
Series B
Investors
Proceeds Purpose
the company will use the funding to develop its uncrewed surface vessels while expanding manufacturing facilities.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
Area 1, 5 Sopwith Park, Concorde Close
Segensworth, Fareham, P015 5RT
UK
Segensworth, Fareham, P015 5RT
UK
Phone
Undisclosed
Website
Email Address
Overview
Uniting proven operators, elite engineers, and internationally recognised strategic advisors focused on shaping the future of maritime capability. Forged in offshore powerboat racing, where performance is proven under pressure. Rapid iteration, endurance, and reliability shape how Kraken engineers modern maritime systems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mal Crease
Chief Financial Officer
Dave Bate
Chief Marketing Officer
Ed Tilston
Chief Operating Officer
Mark Exeter
Chief Technical Officer
John Donnelly
VP - Customer Service
Erica Dill-Russell
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