Saronic Closes $1.75B Series D Round

Saronic Technologies closed a $1.75 billion Series D funding round led by Kleiner Perkins.

The funding round values Saronic at $9.25 billion and includes new investors such as Advent International and Bessemer Venture Partners.

Saronic says it builds autonomous surface vessels designed to operate alongside manned naval systems to support U.S. and allied maritime operations.