Kraken Robotics Inc. is a **marine technology company** founded in **2008** and headquartered in **Canada**. The company specializes in the design, development, and marketing of advanced sensors for Unmanned Underwater Vehicles used in military and commercial applications. Kraken Robotics is recognized as world-leading innovators of **Synthetic Aperture Sonar (SAS),** a revolutionary underwater imaging technology that dramatically improves seabed surveys by providing ultra-high resolution imagery at superior coverage rates. With a slogan of "Advanced sensors, software, batteries, and underwater robotics systems," Kraken Robotics operates in several countries including **Canada, UK, US, Brazil, Germany, and Denmark.** In its latest funding round, the company secured a substantial **$6.30M grant investment** from **Canada's Ocean Supercluster** on **April 21, 2023.** Kraken Robotics' focus on advanced underwater technology positions it at the forefront of the rapidly evolving marine robotics industry. The recent investment reflects the confidence of **Canada's Ocean Supercluster** in the company's potential to drive innovation and impact the marine technology space. As Kraken Robotics continues to expand its presence globally, its groundbreaking technological advancements are set to redefine underwater imaging and enhance capabilities for military and commercial applications. This investment is expected to further fuel the company's growth and solidify its position as a key player in the marine technology landscape.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | $17.50M | - | 25 Apr 2024 | |
Post-IPO Debt | $45.00M | 1 | 22 Apr 2024 | |
Grant | $6.30M | 1 | Canada's Ocean Supercluster | 21 Apr 2023 |
Post-IPO Equity | $10.00M | 5 | Desjardins Securities | 29 Jul 2021 |
Post-IPO Equity | $6.00M | - | 20 Dec 2018 |
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