Work Here?
About Saronic
Industries
Defense
Company Size
201-500
Company Stage
Series C
Total Funding
$807.4M
Headquarters
Austin, Texas
Founded
2022
Overview
Saronic Technologies develops Autonomous Surface Vessels (ASVs) that improve the capabilities of naval and maritime forces. These vessels use adaptive path planning and passive sensors, along with advanced algorithms and edge computing, to effectively identify and track targets. They are designed to work seamlessly with both manned and unmanned systems, even in challenging environments, thanks to their resilient multichannel communications. Saronic Technologies stands out in the defense technology market by offering solutions that can integrate with existing operational strategies or support new maritime tactics. The company's goal is to enhance situational awareness, extend operational reach, and improve survivability for military and defense clients through the sale of ASVs and related customization services.
Simplify's Take
What believers are saying
- Saronic raised $600M in Series C funding, boosting its valuation to $4 billion.
- The development of 'Port Alpha' will enhance U.S. shipbuilding infrastructure for autonomous vessels.
- Growing interest in manned-unmanned teaming supports Saronic's integration with existing naval fleets.
What critics are saying
- Competition from defense giants like Lockheed Martin may threaten Saronic's market share.
- Rapid AI advancements may require costly updates to maintain Saronic's competitive edge.
- Regulatory hurdles could delay Port Alpha's development, impacting production timelines.
What makes Saronic unique
- Saronic integrates hardware, software, and AI into a scalable maritime defense platform.
- Their ASVs feature adaptive path planning and advanced edge computing for target tracking.
- Saronic's multichannel communications enable seamless manned-unmanned teaming in contested environments.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$807.4M
Above
Industry Average
Funded Over
3 Rounds
General Catalyst
Andreessen Horowitz
Lightspeed Venture PartnersIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Sick Leave
Parental Leave
401(k) Retirement Plan
Stock Options
Life Insurance
Disability Insurance
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 0%2 year growth
↓ -4%Saronic, a US defense startup, secured a $600 million Series C investment, raising its valuation to $4 billion, a fourfold increase. Led by investor Elad Gil, the round included General Catalyst, Andreessen Horowitz, 8VC, and Caffeinated Capital. Saronic plans to use the funds to build the 'Port Alpha' autonomous ship production facility. The company has developed three 24-foot autonomous vessels and aims to construct larger unmanned ships. Saronic's total funding now stands at $850 million.
Saronic Technologies, based in Austin, TX, raised $600 million in Series C funding at a $4 million valuation. The round was led by Elad Gil, with participation from General Catalyst, a16z, Caffeinated Capital, and 8VC. The funds will be used to build Port Alpha, enhance U.S. shipbuilding infrastructure, and establish public-private partnerships. Port Alpha will expand Saronic's Autonomous Surface Vessel fleet for defense applications.
AUSTIN, Texas, Feb. 18, 2025 /PRNewswire/ -- Saronic Technologies today announced it has closed $600 million of funding for its Series C round to advance its mission of redefining maritime superiority for the United States and its allies. The round was led by Elad Gil and values the company at $4 billion.
Saronic Technologies has raised $600 million to build a modern shipyard for large autonomous vessels. For more information, contact [email protected] or call 888-707-5814 during business hours. Access to the full content requires a subscription or registration with Defense Daily.
Sta sviluppando tre modelli di imbarcazioni autonome. A guidare il round il fondo Andreessen HorowitzLa guerra sarà sempre di più uno scontro tra droni? La startup texana Saronic, con sede ad Austin, ha raccolto 175 milioni di dollari nel round Serie B, raggiungendo una valutazione da 1 miliardo di dollari. L’ecosistema USA dà quindi il benvenuto a un nuovo unicorno, attivo nel crescente settore defense tech. Sui numeri d’Oltreoceano di questo verticale abbiamo pubblicato di recente un aggiornamento sul magazine. Saronic sta sviluppando droni acquatici, imbarcazioni autonome da inserire all’interno della flotta degli Stati Uniti e dei Paesi alleati.At Saronic, we are pioneering the future of maritime defense and creating a safer tomorrow one vessel at a time. https://t.co/szM4fBpmBJ pic.twitter.com/SMEjwO15iW — Saronic (@Saronic) July 19, 2024Che cosa sta costruendo Saronic?A guidare il round troviamo il fondo Andreessen Horowitz, tra i più importanti a livello americano e specializzato nel settore dell’intelligenza artificiale
Saronic is Hiring for 74 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Saronic
Industries
Defense
Company Size
201-500
Company Stage
Series C
Total Funding
$807.4M
Headquarters
Austin, Texas
Founded
2022
Saronic is Hiring for 74 Jobs on Simplify!
Find jobs on Simplify and start your career today